California Probate Code 6401 And 6402

State:
California
Control #:
CA-P040
Format:
Word; 
Rich Text
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Description

The Uniform Statutory Form Power of Attorney is designed under California Probate Code Sections 4400-4465, serving as a legal document that grants expansive powers to an appointed agent to act on behalf of the principal. Sections 6401 and 6402 detail the specifications related to the execution of wills and the disposition of property, outlining the legal standards required for valid power of attorney documents. Users can select specific powers granted to the agent by initialing included options ranging from property management to financial transactions, and they have the option to specify limitations or extensions in the special instructions section. This form is effective immediately and remains valid even if the principal becomes incapacitated, providing crucial support for individuals who may require ongoing legal representation. Attorneys, partners, owners, associates, paralegals, and legal assistants can leverage this form in various scenarios, such as estate planning or managing financial affairs for clients unable to do so themselves. Clear filling instructions enable users to navigate the form easily, ensuring both compliance with legal standards and protection of the principal's interests.
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  • Preview Uniform Statutory Power of Attorney - Property - Finances - Section 4401
  • Preview Uniform Statutory Power of Attorney - Property - Finances - Section 4401
  • Preview Uniform Statutory Power of Attorney - Property - Finances - Section 4401
  • Preview Uniform Statutory Power of Attorney - Property - Finances - Section 4401

How to fill out California Uniform Statutory Power Of Attorney - Property - Finances - Section 4401?

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FAQ

In a nutshell, California California Probate Code section 6402 prescribes the following rules for what relative gets your stuff when you die. These rules go in order of priority. For instance, if the deceased's children get first dibs and they take everything, then the deceased's parents get nothing.

Like children, siblings inherit equally even if they only share one parent. When there are no surviving spouse, parents, children, grandchildren, or siblings of any degree the estate will pass to the next of kin. Aunts and uncles are considered next, then any surviving nieces or nephews.

In California law, your next of kin are also your intestate heirs. Intestate heirs are your closest family members who will inherit your estate if you die without a will. Who inherits what depends on who survives you as the decedent.

(a) To the issue of the decedent, the issue taking equally if they are all of the same degree of kinship to the decedent, but if of unequal degree those of more remote degree take in the manner provided in Section 240. (b) If there is no surviving issue, to the decedent's parent or parents equally.

6401. (a) As to community property, the intestate share of the surviving spouse is the one-half of the community property that belongs to the decedent under Section 100.

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California Probate Code 6401 And 6402