California Probate Code

§ 5678

PROB § 5678 Effective Jan 1, 2022Div. 5 · Part 4 · Ch. 3 · Art. 3

Statute text

(a)If proceedings for the administration of the transferor’s estate are commenced, a beneficiary who receives property from the transferor under a revocable transfer on death deed may voluntarily return that property to the transferor’s estate for administration.

(b)Property returned to the transferor’s estate under this section shall be treated as if it had been specifically devised to the beneficiary by the transferor.

(c)If the beneficiary’s action or inaction increased the value of property returned to the estate or decreased the estate’s obligations, the estate shall reimburse the beneficiary by the same amount. Actions or inaction that increase the value of returned property or decrease the estate’s obligations include, but are not necessarily limited to, the following actions:

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Legislative history

Added by Stats. 2021, Ch. 215, Sec. 22. (SB 315) Effective January 1, 2022. Repealed as of January 1, 2032, pursuant to Section 5600.