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Irvine Probate Law Estate Planning Attorney It is usually a good idea to set up an estate account for paying the estate’s final bills and expenses.
It is also recommended (but not required) that each person be sent a copy of the Petition for Probate with all attachments A revocable living trust is a popular estate planning tool that you can use to determine who will get your property when you die Irvine Probate Law Estate planning isn�t about the end of life,it�s about preserving the life you love When a loved one or family member dies with just a Will,or no estate plan at all,his or her family is needed to put the estate through a court-managed process called probate.
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A trust administration is NOT a court-supervised process,yet its ultimate goal is also the transfer of property from an individual who has died (the �decedent”) to that individual�s beneficiaries who are identified in the living trust You’ll also need to pay all applicable taxes,as well as file a final income tax return on the estate Irvine Probate Law Stocks and bonds.
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With all claims,debts and expenses paid,you’ll give the remaining property to the rightful heirs and/or as the will directs Also review any outstanding bills and debts and decide whether/how they must be paid Irvine Probate Law Living Trusts.
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In addition to the petition,you will need to file a valid will,if one exists,and the death certificate.
A trust administration is NOT a court-supervised process,yet its ultimate goal is also the transfer of property from an individual who has died (the �decedent”) to that individual�s beneficiaries who are identified in the living trust Irvine Probate Law has over 30 years handling probate documents and living trust formations Irvine Probate Law Probate Attorney.
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Probate is the court-supervised process of authenticating a last will and testament if the deceased person made one FaceTime and Video Conferencing Available Irvine Probate Law Irvine Probate Law can handle all meetings or interactions with beneficiaries to fix issues and explain the workings of the trust which can be time consuming,challenging,if not downright exhausting.
Most living trusts are �revocable� because you can change them as your circumstances or wishes change cautious.

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Some assets are distributed to heirs by the court (probate assets) and some assets bypass the court process and go directly to your beneficiaries (non-probate assets) administrator.
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Notice must be given by first class mail or by personally delivering a copy to each person or entity at least 15 days prior to the hearing Each person should receive a copy of the “Notice of Petition to Administer Estate” showing the hearing date information Irvine Probate Law 41 Corporate Park,Irvine,CA 92606 Probate Lawyer If you�re approved as executor,the court will officially open the probate case and you will now be able to act on behalf of the deceased�s estate.
You’ll also need to pay all applicable taxes,as well as file a final income tax return on the estate In addition to the petition,you will need to file a valid will,if one exists,and the death certificate Irvine Probate Law Statewide Representation for Estate Planning and Probate.
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Written by Shirley Allen