Is there a limit on how much an intestate succession can be worth?

In California, there is a limit on how much an intestate succession can be worth. This limit is based on the value of the decedent’s estate, as well as the spouse and family members who are eligible to inherit. Under California law, if the value of the estate is less than $150,000, the surviving spouse and any surviving children will get the entirety of the estate. However, if the value of the estate is greater than $150,000, the surviving spouse will get 50% of the estate, and the remaining 50% will be split among the surviving children in equal shares. On the other hand, if there is no surviving spouse or child, the estate will be divided among the decedent’s parents, siblings, or other close relatives in the order listed in California’s intestate succession law. In this case, the value of the estate is divided among the decedent’s heirs in equal shares. In short, the limit for an intestate succession in California is based on the value of the decedent’s estate and the family members who are eligible to inherit. If the estate is worth less than $150,000, the entire estate is passed down to the surviving spouse and children. If the estate is worth more than $150,000, the surviving spouse is entitled to 50% of the estate, while the remaining 50% is divided among the surviving children in equal shares.

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Is there a limit on how much an intestate succession can be worth?

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