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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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In addition to the petition,you will need to file a valid will,if one exists,and the death certificate appropriate.
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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 Folsom Probate Law Probate Attorney Steve Bliss.
The main reasons for setting up an irrevocable trust are for estate and tax considerations It is also recommended (but not required) that each person be sent a copy of the Petition for Probate with all attachments Folsom Probate Law Probate Lawyer.
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You’ll also need to pay all applicable taxes,as well as file a final income tax return on the estate.

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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.
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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 Folsom Probate Law Trust Attorney Estate Planning Attorney Steve Bliss is devoted to solving estate planning and trust issues.
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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 tool Folsom Probate Law Living Trust Attorney concern (916) 358-7375.
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The probate process can be stressful Why add to it with driving in traffic and parking Folsom Probate Law Living Trust Attorney 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.

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