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Irvine Probate Law Estate Planning Attorney 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.
You’ll also need to pay all applicable taxes,as well as file a final income tax return on the estate.
Probate laws can vary from state to state 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 Irvine Probate Law 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.
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 This may require some sleuthing on your part You might need to go through checkbooks,emails and/or bank account to gather information Irvine Probate Law Get started the right way,make a plan Get it finished as quickly as possible.
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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 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 Irvine Probate Law Bank accounts.
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