"In California, both probate cases and trust administrations frequently take a year or more, and sometimes significantly longer. Probates are necessary if someone has only executed a will or has not done their estate planning."
"As baby boomers age, the number of deaths per year is expected to rise to 500,000, which, combined with reduced budgets for State Courts, indicates that estate settlement will take even longer."
"Transparency is a very helpful tool in many cases. If each of the kids is to get 1/3 of the estate, there is no reason to hide what the estate is worth and how the process is going."
Families frequently expect estate settlements to be quick, but in California, probate and trust administration can take a year or more. Delays occur due to high death rates and reduced court budgets. TrustParency PC was founded to promote transparency in estate administration, ensuring beneficiaries understand the process and the estate's value. Efficient estate settlement is not only a quality-of-life issue but also a fiduciary responsibility for trustees and executors, who must navigate complex legal requirements.
Read at San Francisco Bay Times
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