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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).
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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In addition to the petition,you will need to file a valid will,if one exists,and the death certificate Collect money owed to the estate,such as outstanding paychecks and rents Irvine Probate Law Probate Attorney.
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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 decide.
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Make sure your estate planning documents are handled with care You will need to file a request in the county where the deceased person lived at the time of their death Irvine Probate Law Avoid Probate Fees & Costs.
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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 best.
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In addition to the petition,you will need to file a valid will,if one exists,and the death certificate Then the court will schedule a hearing to approve the executor (or hear objections from other parties) Irvine Probate Law 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.
A revocable living trust is a popular estate planning tool that you can use to determine who will get your property when you die Over 30 Years of Experience Irvine Probate Law Living Trusts.
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The probate process can be stressful Why add to it with driving in traffic and parking Irvine Probate Law 41 Corporate Park,Irvine,CA 92606 Estate Planning 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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