Course Description

A discussion of the legal theories, practices and procedures of administering an estate under California law, depending on the type and value of its assets. Examines and analyzes the major California Probate Code statutes concerning rules of court and legal ethics.

Upon successful completion of this course, you will be able to:

  • Understand proper legal terminology used in the administration of decedent's estates
  • Know when it is necessary to subject a decedent's estate to formal court administration and how to administer a decedent¿s estate
  • Recognize a decedent's estate of "small value" and understand how to obtain distribution of those assets without going to court
  • Recognize the duties and liabilities of a personal representative who administers a decedent's estate, the fixing and posting of fiduciary bonds
  • Understand how to notify the decedent's creditors and other local, state and federal government entities of the decedent's death and their right to file claims against a decedent's estate
  • Filing a decedent's final income tax returns, obtaining the assignment of an EIN for the decedent's estate and filing annual fiduciary income tax returns until the estate is closed
  • Prepare an inventory and appraisal of the assets in a decedent's estate
  • Understand how a personal representative fulfills the requirements of a formal or informal fiduciary accounting of a decedent's estate
  • Sell real property and personal property assets of a decedent's estate
  • Distribute a decedent's estate, obtain receipts from beneficiaries/heirs and final discharge as personal representative


Mgt. X427.61 Overview of Fiduciary Management is recommended for those new to this field.

Applies Towards the Following Certificates

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