Probate Timeline

Probate Timeline

Below is a general Probate Timeline. Each  Probate Transaction will make this timeline slightly different, but it is a good benchmark for anyone that has or will be opening up a Probate.

Step                                                                                         Duration

Prepare and File Petition for Probate 1-2 months
Court hearing on the Petition for Probate 2-3 months
The following are issued:  Letters of Administration, Orders for Probate, Duties and Liabilities, Issue Bond (if ordered), & **Letters  Testamentary ** 2-4 months

(if not contested)

Notice to Creditors 2-4 months
Notice to Department of Health Services Inventory & Appraisement 4-8 months
Pay State and Federal Taxes (if necessary) 6-12 months
Allow or Reject Creditor Claims
Possible Preliminary Distributions
Notice to Department of Health Services (if deceased received medical)
Notice to Franchise Tax Board (if heir is out of state)
Claim of Exemption (if assets transfer to a minor) 6-15 months
Receive Final Tax Letter from State and Federal (if appropriate) 6-18 months
File Petition for Final Distribution and Accounting 8-16 months
Hearing on Petition for final Distribution and Accounting
Order Approving Final Distribution and Accounting
Distribution of Assets to Heirs 9-17 months
Final Discharge Order (indicates close of probate case) 9-18 months
Final Distribution of Funds 9-18 months

 

About the author: The above Real Estate information on Probate comes from Kathy Stoltman.

Phone/text at 805-746-1793.

Kathy offers a wide range of real estate solutions for buyers, sellers and investors. Providing excellence in marketing, negotiations, market knowledge and a genuine concern for their needs.