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Also review any outstanding bills and debts and decide whether/how they must be paid.
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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 Estate Planning Attorney Steve Bliss is devoted to solving estate planning and trust issues Citrus Heights Probate Law In the case of a small estate,or if the decedent left his assets in trusts or gifted them prior to his death,probate may not be necessary.
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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 avoid.
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Citrus Heights Probate Law Probate Attorney 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.
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Estate Planning Attorney 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.
Notwithstanding,a revocable living trust with proper estate planning is the solution 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 Citrus Heights Probate Law Probate is the court-supervised process of authenticating a last will and testament if the deceased person made one.
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Nearly all forms can be signed electronically It includes locating and determining the value of the decedent�s assets,paying his final bills and taxes,then distributing the remainder of the estate to his rightful heirs or beneficiaries Citrus Heights Probate Law The significant loss of a decedent’s estate for the payment of attorney fees,executor compensation and court costs is a great motivator to put together a great estate plan.
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