California Code, Probate Code - PROB § 5674

(a) A beneficiary is not liable under Section 5672 if proceedings for the administration of the transferor's estate are commenced and the beneficiary satisfies the requirements of Section 5677 or 5678.

(b) The personal liability of a beneficiary under Section 5672 shall not exceed the fair market value at the time of the transferor's death of the property received by the beneficiary pursuant to the revocable transfer on death deed, less the amount of any liens and encumbrances on the property at that time.