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With all claims,debts and expenses paid,you’ll give the remaining property to the rightful heirs and/or as the will directs The significant loss of a decedent’s estate for the payment of attorney fees,executor compensation and court costs is a great motivator to put together a great estate plan Folsom Probate Law Make sure your estate planning documents are handled with care.
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In addition to the petition,you will need to file a valid will,if one exists,and the death certificate.
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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 Folsom Probate Law Trust Attorney 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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Get assistance with the onerous process of California probate and help counsel you and your family when a loved one has recently passed away Folsom Probate Law 850 Iron Point Rd,Ste: 4B Folsom,CA 95630 Living Trusts 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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The paperwork will ask for you to be officially acknowledged as the legal executor representing the estate.
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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 Folsom Probate Law Living Trusts Probate laws can vary from state to state.
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Avoiding probate is by far the most common reason why people seek out the advice of an estate planning attorney designate.