Probate Code 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 not paid at the end of the specified period, it bears interest thereafter, but no interest accrues during the first year after the testator’s death.

Source: Section 12004, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=PROB§ionNum=12004. (accessed Jun. 2, 2025).

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Last Updated

May 12, 2025

§ 12004’s source at ca.gov

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Location: https://california.public.law/codes/probate_code_section_12004

Original Source: Section 12004, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=PROB§ionNum=12004. (last accessed May 12, 2025).