What taxes and expenses must be paid out of an intestate estate?

In California, the taxes and expenses that must be paid out of an intestate estate are generally the same as those that are paid for an estate with a valid will. This includes income taxes, estate/inheritance taxes, capital gains taxes, and any other taxes that may be due. In addition, the estate must pay any debts of the deceased, such as medical bills, funeral expenses, or other outstanding debts the deceased may have had. The executor of the estate may also be required to pay the costs associated with probate proceedings. This includes court filing fees, documents, and other expenses related to winding up the estate. Further, the executor must also pay an attorney or accountant to review the estate’s documents and prepare the necessary tax forms. Additionally, California law provides that the heirs are entitled to reasonable compensation for their time spent administering the estate or any services they may have provided. This can include incurred costs, such as travel expenses, in addition to a reasonable fee. Finally, the executor must be reimbursed for any legitimate expenses that were necessary to the administration of the estate.

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What taxes and expenses must be paid out of an intestate estate?

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