£15,000
NOTE: If there is no will and a court case is needed, the court will appoint an administrator to manage the estate during the probate process. The person who wants to be the administrator must file a Petition for Letters of Administration (Form DE-111). For a complete list, see California Probate Code section 13050. If the total value of these assets is $150,000 or less and 40 days have passed since the death, you can transfer personal property by writing an affidavit. There is a special form for this that you can get from most banks and lawyers. Avoiding Probate with the £15,000 Probate Threshold. Probate is often not required if an estate (which is the sum of all the assets, including property and money) is valued at under £15,000. If this is the case, then it is legally possible to administer the estates by filling out a small claims indemnity.an I avoid Probate? The person dealing with the estate of the person who has died is called an executor or an administrator. An executor is someone who is named in the will as responsible for dealing with the estate. An executor may have to apply for a special legal authority before they can deal with the estate. This is called probate. The probate fee. The fee for applying for probate or letters of administration depends on the value of the estate. There is no fee where the value of the estate is less than £5,000. The fee for an estate valued at £5,000 or more is £215. The type of probate needed depends on the size of an estate. Generally, it is necessary to go through probate or, in the case of smaller estates a less formal procedure under the general supervision of the probate court, before the deceased's property can be legally distributed. Without probate of a will, complicated legal issues can arise. Common Reasons Probate Is Necessary. If there was no will, probate is necessary to determine the beneficiaries and to distribute the decedent's assets and title to property. A valid will exists. If there was no will, the grant required is likely to be a grant of administration. There are many other grants that can be required in certain circumstances, and many have technical Latin names, but the general public is most likely to encounter grants of probate or administration. Receipt of probate is the first step in the legal process of administering the estate of a deceased person, resolving all claims and distributing the deceased person's property under a will. If there are assets in the deceased's sole name that are above a certain value, probate is likely to be needed. Around 50% of estates in England and Wales require this process. 1  Find out more on when a grant of probate is required. 2  Find out more about DIY Probate. 1 The executor(s) named in the Will must apply for the grant of probate. 2  If there are no executors named in the Will or the executor(s) are unwilling or unable to act, then any of the residuary beneficiaries may In the majority of cases if the value of the estate is over the threshold of £15,000 which means that a grant of Probate will be needed in order to administer the estate. Can I avoid Probate? Probate is often not required if an estate (which is the sum of all the assets, including property and money) is valued at under £15,000. If this is the case, then it is legally possible to administer the estates by filling out a small claims indemnity. If the total value of assets held in the deceased's sole name (excluding assets held jointly such as a house) does NOT exceed £5,000.00 then it is likely a Grant of Probate or Letters of Administration will not be required.  This includes grants of probate (when there is a will) and grants of letters of administration (when there is no will). Often people just refer to probate even if there is no will. When a grant of representation is needed. A grant of representation is not always needed, for example, if the person who died: 1  has left less than £5,000 in total; or. 2  owned everything jointly with someone else. 
http://www.courts.ca.gov/8865.htm http://www.inheritancesolutions.co.uk/probate/can-i-avoid-probate.html https://www.citizensadvice.org.uk/relationships/death-and-wills/dealing-with-the-financial-affairs-of-someone-who-has-died/ http://law.freeadvice.com/estate_planning/probate/go_through_probate_will.htm https://en.wikipedia.org/wiki/Probate http://www.lawpack.co.uk/probate/item6082.asp http://www.inheritancesolutions.co.uk/probate/can-i-avoid-probate.html http://www.probate.cc/do_i_need_probate.html http://www.lawsociety.org.uk/for-the-public/common-legal-issues/probate/
how much money before probate is required