Q: If myself & family members through our Probate Attys that handled sold my deceased parents property closed escrow appr
3 mos. Ago Everyone but beneficiaries have yet to receive our inheritance. Shouldn't we have gotten already?
A:
Under California law, the distribution of assets from a probate estate, including proceeds from the sale of property, usually takes place after all debts, taxes, and administrative expenses have been paid. The process can be lengthy, often several months to over a year, depending on the complexity of the estate and the efficiency of the probate proceedings.
If escrow on your deceased parents' property closed approximately three months ago, it's possible that the estate is still in the process of settling any final obligations. This could be why you and other beneficiaries have not yet received your inheritance. The timeline for distribution can vary significantly based on the specific details of the estate and any potential legal or financial issues that may arise during probate.
It's advisable to communicate directly with the attorneys handling the probate process for an update on the status of the estate and an estimated timeline for when distributions might be made. They can provide insights into any delays and the next steps in the process. Keeping open lines of communication with your legal representatives can help ensure that you are informed and that your rights as a beneficiary are protected.
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