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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 Rocklin Probate Law Probate Lawyer The probate process can be stressful Why add to it with driving in traffic and parking.
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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 Notwithstanding,a revocable living trust with proper estate planning is the solution Rocklin Probate Law Estate Planning Attorney.
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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 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 Rocklin Probate Law Estate Planning Attorney.
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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 It is also recommended (but not required) that each person be sent a copy of the Petition for Probate with all attachments Rocklin Probate Law Close The Estate.
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6520 Lonetree Blvd #3c, Rocklin, CA 95765
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Once everything has been distributed,you will submit receipts and records of everything to the court and then ask for the estate to be closed and to be released from the role of executor attorney.
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Also review any outstanding bills and debts and decide whether/how they must be paid Rocklin Probate Law Probate Lawyer 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).
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