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Personal representatives (i.e., executors and administrators of the estate) are required to provide beneficiaries and other interested parties (i.e., persons or entities with a financial stake in the estate) with financial information about the estate they are overseeing.

Under California Probate Code §16062, trustees must account to each beneficiary at least annually, at the termination of the trust, and upon a change of trustee. Trustees must also provide an accounting within 60 days if a trust beneficiary demands an accounting in writing.

How to Get an Accounting. The California Probate Code gives beneficiaries the right to demand a full and complete accounting of the trust's assets, starting from the date of death of the decedent to the date of demand. A letter, directly to the trustee, making a demand for an accounting is the first step.

Beneficiaries have the right to review the accounting. They also have the right to request more information. If they want to see supporting documentation, the executor must provide things like: Receipts.

First and foremost, there are a number of asset types that typically do not pass through probate. This includes life insurance policies, bank accounts, and investment or retirement accounts that require you to name a beneficiary.

Trusts are an excellent option for someone looking to avoid probate. However, you do not necessarily need a trust to avoid probate. Other options that may allow you to avoid probate proceedings include joint ownership of property, POD/TOD designations, and beneficiary deeds and designations.

Typically, if an individual passes away leaving assets worth more than $20,000 with no named beneficiary or joint owner, their estate will need to go through probate. This includes bank accounts, real property, and other tangible assets.

Handling Estate Assets Probate assets can include vehicles, real estate, bank and brokerage accounts, and personal belongings (for example, jewelry, home furnishings, artwork, and collections). Life insurance proceeds that are payable to the estate (not a named beneficiary) are also probate assets.

Probate of Will The original Will with original signatures; Certified copy of the death certificate. Identification. Cash or check for fees. We do not accept credit cards or debit cards (minimum $100) If the first named Executor is deceased, bring in their original death certificate, also.