If you are about to go through the probate process in Orange County, be aware that there are certain rules and regulations. It is a challenge to go through this, but if you have the right knowledge and resources, it can be made easier. So here is what you need to know to stay out of trouble and make sure you come out of this process better:
Can’t Bundle Finances
You cannot simply ignore creditors. However, most people think they can fool them by bundling their finances. The reality is that the law is clear that this is not something you can do.
Can’t Hide Assets
Your assets must be revealed to the court and the creditors. Trying to hide them could result in criminal charges for you. It simply is not worth the hassle that it brings to you if you try.
Giving Away Assets
A living person can give away their assets, but they cannot give away probate assets that belong to someone else. You must find and report everything the descendent owned and will have the responsibility to secure those assets so they are not lost.
How Hiring an Orange County Probate Attorney Can Help
When you have a lawyer on your side, they know the law inside and out. They can help guide you through the pitfalls to make sure you don’t make the situation worse for yourself. That is the focus of Fridley Law Firm, which can connect you with a qualified and friendly Orange County estate planning attorney to assess your needs.
When it comes to the Orange County Probate Process, it is something that no one wants to go through. Having to log all of your things, potentially pay creditors, and all the paperwork can be a hassle. However, if you have the right partners, such as an Orange County estate planning lawyer, you can get better justice for your family.