Probate proceeding is when somebody passes away and they have assets that are held in their individual name. So
not in a trust. The court needs to oversee the transfer of those assets to the heir. And in California, our probate
administration process is much more honorous and timeconuming than it is in other states. And so it can be very
expensive. you have a a fee that you pay to the administrator. That’s the individual who’s responsible for bringing the assets through the probate.
And then oftentimes that administrator will also have an attorney who will have fees as well. And those fees are
generally set as a percentage of however much assets are in the estate. But there can also be extraordinary fees for certain things on top of that. All that
to say is a probate administration is a court proceeding that is timeconuming and expensive and avoidable if you
transfer your assets into a living trust while you’re alive.