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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 The main reasons for setting up an irrevocable trust are for estate and tax considerations Irvine Probate Law Irvine Probate Law has over 30 years handling probate documents and living trust formations.
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 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) Irvine Probate Law Estate Planning Attorney.
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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 close.
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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 assets.
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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 Statewide Representation for Estate Planning and Probate Irvine Probate Law It is usually a good idea to set up an estate account for paying the estate’s final bills and expenses.
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