California Probate Code CHAPTER 8 - Interest and Income Accruing During Administration

• Section 12000.
  The provisions of this chapter apply where the intention of the testator is not otherwise indicated by the will.(Enacted by Stats. 1990, Ch. 79.)
• Section 12001.
  If interest is payable under this chapter, the rate of interest is three percentage points less than the legal rate on judgments in effect one...
• Section 12002.
  (a) Except as provided in this section, a specific devise does not bear interest.(b) A specific devise carries with it income on the devised property from the...
• Section 12003.
  If a general pecuniary devise, including a general pecuniary devise in trust, is not distributed within one year after the testator’s death, the devise bears...
• Section 12004.
  (a) An annuity commences at the testator’s death and shall be paid at the end of the annual, monthly, or other specified period.(b) If an annuity is...
• Section 12005.
  A devisee of a devise for maintenance is entitled to interest on the amount of any unpaid accumulations of the payments held by the personal...
• Section 12006.
  Net income received during administration not paid under other provisions of this chapter and not otherwise devised shall be distributed pro rata as income among...
• Section 12007.
  This chapter does not apply in cases where the decedent died before July 1, 1989. In cases where the decedent died before July 1, 1989,...

Last modified: October 22, 2018