2022 Updates for How to Probate an Estate in California

The 25th edition of How to Probate an Estate in California addresses federal estate and gift tax issues using numbers that were current for 2021. The federal government has updated those numbers for 2022.

Issue

Where in book

2021 number

2022 number

Federal gift & estate tax lifetime exclusion

Chapters 1 & 7 and the Glossary

$11.7 million

$12.06 million

Federal gift tax annual exclusion

Chapter 7

$15,000

$16,000

Additionally, California has raised the dollar figures related to various probate procedures. Among these are the maximum value of an estate that may use small estate procedures rather than full probate. These changes affect the estates of those who die on or after April 1, 2022, and the figures continue to change every three years.

Issue

Where in book

2021 number

2022 number (on or after April 1)

Maximum gross value of estate that qualifies for small estate procedures

Chapter 11

$166,250

$184,500

Maximum value of real property that can be transferred using an affidavit

Chapter 11

$55,425

$61,500

Salary owed to the deceased person that is excluded from the value of the estate

Chapter 11

$16,625

$18,450

Amount that can be collected using a Declaration for Collection of Compensation Owed to Deceased Spouse or Registered Domestic Partner

Chapter 15

$16,625

$18,450

Maximum value of net estate (not counting home) that qualifies for a small estate set-aside

Chapter 13

$85,900

$95,325