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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 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 Mission Beach Probate Lawyers Estate Planning.
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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.
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It is also recommended (but not required) that each person be sent a copy of the Petition for Probate with all attachments Call Your Roseville,California Probate Attorney Now Mission Beach Probate Lawyers 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.
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Most living trusts are �revocable� because you can change them as your circumstances or wishes change.
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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 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) Mission Beach Probate Lawyers Trust Attorney.
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