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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.
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Make sure your estate planning documents are handled with care Irvine Probate Law Estate Planning 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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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 Irvine Probate Law Probate Lawyer With all claims,debts and expenses paid,you’ll give the remaining property to the rightful heirs and/or as the will directs.
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Avoiding probate is by far the most common reason why people seek out the advice of an estate planning attorney.
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Collect,inventory and appraise all assets that are subject to probate and present them to the court,such as: Irvine Probate Law Trust Attorney This may require some sleuthing on your part You might need to go through checkbooks,emails and/or bank account to gather information.
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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 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 Probate Attorney.

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Effectively resolved probate or trust administration also requires expert accounting and tax preparation.
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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 Contact lawyer Steve Bliss for all estate-related matters,including probate,wills and trusts Irvine Probate Law Trustees Management.
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Irvine Probate Law Probate Attorney Most living trusts are �revocable� because you can change them as your circumstances or wishes change.
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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