The Ultimate Guide to Surviving California Probate (2023 Update)

California Probate Lawyer

Probate is a Court process required to manage a Decedent’s estate and distribute his or her assets. Probate is statutorily driven, meaning that much of the process is governed by the statutes/laws passed by the California legislature and set forth in the California Probate Code.

New Federal Estate Tax Exemption Amount (Updated 2023)

2023 Federal Estate Tax Exemption Amount

In 2023 the federal estate tax exemption is $12,920,000 for an individual or $25,840,000 million for a married couple.

So how does this affect you? Put simply, this will only affect you if the total value of your estate exceeds the tax exemption amount.