Wills, Estates & Trusts
May 5, 2025
The complexities of managing large estates
See more on The complexities of managing large estatesLarge estates often come with a complex mix of legal, tax and administrative hurdles that require careful planning, expert counsel and a readiness to handle surprises - just like catching what pops out of a legal toaster
All estates are not alike.
There are many factors that can complicate the administration of estates in probate and in trust; a non-exclusive list appears in Cal. R. of Court Rule 7.703(c), governing extraordinary compensation in probate proceedings. These include sales of property; borrowing or refinancing; litigation to protect estate assets or interests; contested accountings; contests of wills, before or after probate; removal or replacement of the personal representative due t...
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