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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 Check to make sure that all of the persons and entitles listed on Attachment 8 of the Petition for Probate have been given notice Fair Oaks Probate Law Estate Planning.
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.
It is also recommended (but not required) that each person be sent a copy of the Petition for Probate with all attachments Fair Oaks Probate Law Estate Planning Lawyer 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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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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