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June 9, 2020

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A revocable living trust is a popular estate planning tool that you can use to determine who will get your property when you die.
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It is usually a good idea to set up an estate account for paying the estate’s final bills and expenses Irvine Probate Law Living Trust Attorney You will need to file a request in the county where the deceased person lived at the time of their death.
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Most living trusts are �revocable� because you can change them as your circumstances or wishes change Irvine Probate Law (949) 812-6934 Estate Planning Allow thirty years of experience to guide you through your California probate proceeding.
In addition to the petition,you will need to file a valid will,if one exists,and the death certificate.
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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.
Probate is the court-supervised process of authenticating a last will and testament if the deceased person made one.
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Check to make sure that all of the persons and entitles listed on Attachment 8 of the Petition for Probate have been given notice Irvine Probate Law Living Trusts We can video conference via Facetime,Zoom,and Messenger.
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You’ll need to ensure the estate’s assets can cover all debts before paying them If not,the state will prioritize creditor claims.
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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 Probate Attorney Irvine Probate Law Estate Planning Attorney.
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