This presentation breaks down how AB 2016 reshapes estate administration by raising the small estate limit to $750,000 beginning January 1, 2025. Professional fiduciaries will learn when the new threshold applies, which assets count toward the calculation, and when a formal probate is still required despite the higher limit. Using real-world examples, we will cover practical decision-making, documentation requirements, and common traps that can create delays or liability. Attendees will leave with clear guidance on advising families, coordinating with counsel, and determining whether a small estate affidavit or full probate is the proper path forward.
B3 – The $750,000 Question: Is AB 2016 Right For Your Probate Case
Speakers
Sam Price
Price Law Firm APC
R. Sam Price, J.D., LL.M. is a California Certified Specialist in Estate Planning, Trust & Probate Law and the founder of Price Law Firm, APC. With extensive experience guiding families, fiduciaries, and professionals through complex probate and trust administration matters, Sam is known for his practical teaching style and his proprietary 6-Stage Probate Process. He is the host of the weekly Probate Notes podcast, where he educates attorneys and fiduciaries on real-world probate issues and best practices. A frequent presenter statewide, Sam focuses on simplifying procedures, improving efficiency, and empowering fiduciaries with clear, actionable guidance.