Results 1 to 2 of 2
  1. #1
    Join Date
    Feb 2010
    Posts
    4

    Default Disagreement Over Disposition of Assets in a California Small Estate

    Question, in a situation where someone has passed, with three surviving adult children. The decedent has a trailer in a mobile home community with a value and total estate value of well under $100,000. There was no will. The oldest of the three heirs is the acting representative. My question for you is in the case of an agreement to sell the property, must all three surviving heirs agree to the sale? I know that because its under $100,000 in California, there is no need for probate. Two of the three siblings have agreed to a selling price, the other does not. Does the dissenting party have any rights?

  2. #2
    Join Date
    Sep 2005
    Location
    Behind a Desk
    Posts
    98,846

    Default Re: Disagreement Over Disposition of Assets in a California Small Estate

    You can use the small estate procedure to get the property transferred into the names of the heirs. It's then up to the heirs to decide what they want to do with the property.

    You got an appraisal in association with the real estate, correct? The sale price is consistent with the appraisal? The third heir objects that the selling price is too low, or is it that he doesn't want to sell? How about his buying out the other heirs?

    1. Sponsored Links
       

Similar Threads

  1. Disposition of Estate That Has Not Been Probated
    By Gene Jockey in forum Estate Planning, Administration and Probate
    Replies: 1
    Last Post: 09-01-2011, 07:34 PM
  2. Brother Passed Away Without a Will, Small Assets
    By lawhater in forum Estate Planning, Administration and Probate
    Replies: 8
    Last Post: 02-16-2009, 01:21 PM
  3. Compensation and Overtime: Making a Wage Claim at a Bankruptcy Hearing for Disposition of Assets
    By Johnboy in forum Employment and Labor
    Replies: 3
    Last Post: 12-06-2008, 09:50 AM
  4. Estate Disposition
    By wschlichtman in forum Estate Planning, Administration and Probate
    Replies: 4
    Last Post: 01-05-2008, 09:35 AM
  5. Heirs Can't Agree On Disposition Of Inherited Real Estate
    By onsite in forum Estate Planning, Administration and Probate
    Replies: 2
    Last Post: 07-06-2007, 12:57 PM
 
 
Sponsored Links

Legal Help, Information and Resources