Aanestad probate reform bill moving along | TheUnion.com

Aanestad probate reform bill moving along

A probate reform bill from Senator Sam Aanestad (R-Grass Valley) is moving forward in the legislative process after receiving unanimous support recently in the Senate Judiciary Committee. The Aanestad measure is designed to streamline the probate process by increasing the monetary amounts where probate is required.

Under current California law, the probate process is replaced with a variety of simplified procedures if an estate is valued at less than $100,000.

“It’s no secret that most estates are now worth well more than $100,000,” said Senator Aanestad. “These limits haven’t been updated since 1996 and are now outdated. The probate process was never designed to apply to every estate in California.”

SB 553 will increase the limits required for probate from the current $100,000 to $150,000. In addition, the Aanestad legislation seeks to update California’s probate law by making changes in a number of code sections.

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