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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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850 Iron Point Rd, Ste: 4B Folsom, CA 95630
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Collect,inventory and appraise all assets that are subject to probate and present them to the court,such as: Folsom Probate Law Probate Attorney A revocable living trust is a popular estate planning tool that you can use to determine who will get your property when you die.
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 Probate Lawyer FaceTime and Video Conferencing Available.
You’ll need to ensure the estate’s assets can cover all debts before paying them If not,the state will prioritize creditor claims This may require some sleuthing on your part You might need to go through checkbooks,emails and/or bank account to gather information Folsom Probate Law 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.
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Also review any outstanding bills and debts and decide whether/how they must be paid Folsom Probate Law Probate Attorney 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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850 Iron Point Rd, Ste: 4B Folsom, CA 95630
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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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The paperwork will ask for you to be officially acknowledged as the legal executor representing the estate call.
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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

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