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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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You’ll also need to pay all applicable taxes,as well as file a final income tax return on the estate essential.
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The paperwork will ask for you to be officially acknowledged as the legal executor representing the estate In addition to the petition,you will need to file a valid will,if one exists,and the death certificate Roseville Estate Law 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.
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Roseville Estate Law Estate Planning 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.
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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 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 Roseville Estate Law Probate is the court-supervised process of authenticating a last will and testament if the deceased person made one.
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Then the court will schedule a hearing to approve the executor (or hear objections from other parties) 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 Roseville Estate Law Contact lawyer Steve Bliss for all estate-related matters,including probate,wills and trusts.
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