California · Probate Code
PROB §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 interest thereafter.
What this law says, in plain English
A general money gift under a will that isn't paid within one year after the testator dies will earn interest from that point forward.
Read the full statutory text
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 interest thereafter.
Verify at the official source: California legislative text
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