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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 Rocklin Probate Law 6520 Lonetree Blvd.Ste 3C.Rocklin,CA 95765 Probate Attorney Most living trusts are �revocable� because you can change them as your circumstances or wishes change.
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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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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You’ll need to ensure the estate’s assets can cover all debts before paying them If not,the state will prioritize creditor claims part.
Talk to us we’re here to help Rocklin Probate Law 6520 Lonetree Blvd.Ste 3C.Rocklin,CA 95765 Living Trust Attorney The main reasons for setting up an irrevocable trust are for estate and tax considerations.
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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.
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Probate is the court-supervised process of authenticating a last will and testament if the deceased person made one.
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