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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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Then the court will schedule a hearing to approve the executor (or hear objections from other parties) Folsom Probate Law Probate Lawyer 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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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 Also review any outstanding bills and debts and decide whether/how they must be paid Folsom Probate Law Probate Attorney.
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Probate is the court-supervised process of authenticating a last will and testament if the deceased person made one.
It is also recommended (but not required) that each person be sent a copy of the Petition for Probate with all attachments We Are Your Partners Every Step Of The Way Folsom Probate Law A revocable living trust is a popular estate planning tool that you can use to determine who will get your property when you die.
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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 Get assistance with the onerous process of California probate and help counsel you and your family when a loved one has recently passed away Folsom Probate Law Probate Lawyer.
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850 Iron Point Rd, Ste: 4B Folsom, CA 95630
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Folsom Probate Law Trust Lawyer 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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You’ll need to ensure the estate’s assets can cover all debts before paying them If not,the state will prioritize creditor claims Folsom Probate Law can handle all meetings or interactions with beneficiaries to fix issues and explain the workings of the trust which can be time consuming,challenging,if not downright exhausting Folsom Probate Law Most living trusts are �revocable� because you can change them as your circumstances or wishes change.
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The paperwork will ask for you to be officially acknowledged as the legal executor representing the estate It is usually a good idea to set up an estate account for paying the estate’s final bills and expenses Folsom Probate Law This may require some sleuthing on your part You might need to go through checkbooks,emails and/or bank account to gather information.