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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 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 Irvine Probate Law GET DIRECTIONS.
Irvine Probate Law Probate 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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Irvine Probate Law Trust Lawyer Most living trusts are �revocable� because you can change them as your circumstances or wishes change.
The main reasons for setting up an irrevocable trust are for estate and tax considerations Irvine Probate Law 41 Corporate Park,Irvine,CA 92606 Estate Planning Attorney 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.
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.