7 Factors That Impact the Cost of an Ancillary Probate in San Diego
When loved ones learn that they need to conduct an ancillary probate administration in San Diego in addition to the primary probate proceedings conducted in their loved one’s home state, they often wonder about the cost of an ancillary probate in San Diego. Estate administration can result in many costs. The range of these fees, however, can vary extensively from estate to estate.
The following is a list of factors that can impact the overall cost of an ancillary probate in San Diego:
- The size of the ancillary probate estate. In some cases, the larger the estate, the more fees may be incurred.
- Whether there are any disputes between beneficiaries or creditors surrounding the ancillary probate administration in San Diego.
- The type of property located within California. For example, it may be easier to administer the ancillary probate if the property consists only of bank accounts, rather than interests in a small business.
- Whether the property has to be sold as part of the ancillary probate administration. There are sometimes not sufficient liquid assets in order to pay for the costs of administration, requiring property to be sold.
- Furthermore, whether complex appraisals are needed for the probate administration or for tax purposes.
- Additionally, whether the heirs or beneficiaries are easily located and cooperative.
- Lastly, whether you have the assistance of an experienced attorney. It may seem counter-intuitive, but hiring an attorney can often save you money, since the ancillary probate proceedings can be carried out more quickly and efficiently.
To learn more about how the probate process works in California, view our free guide, The Insider’s Guide to California Probate and Trust Administration. Contact an experienced San Diego probate administration attorney today for a consultation by calling our toll-free number, (888) 443-6590.
Related Links: