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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).
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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.
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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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Call us now: 916-358-7371 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 Rocklin Probate Law Probate Lawyer.
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You will need to file a request in the county where the deceased person lived at the time of their death Living Trusts Rocklin Probate Law Effectively resolved probate or trust administration also requires expert accounting and tax preparation.
Most living trusts are �revocable� because you can change them as your circumstances or wishes change.
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 tool.
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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.

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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 You’ll also need to pay all applicable taxes,as well as file a final income tax return on the estate Rocklin Probate Law Visit Google Here.
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