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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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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 tool.
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The main reasons for setting up an irrevocable trust are for estate and tax considerations.
Probate laws can vary from state to state Need Assistance with your legal probate proceedings? Roseville Estate Law 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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You’ll need to ensure the estate’s assets can cover all debts before paying them If not,the state will prioritize creditor claims Once everything has been distributed,you will submit receipts and records of everything to the court and then ask for the estate to be closed and to be released from the role of executor Roseville Estate Law The probate process can be stressful Why add to it with driving in traffic and parking.
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 Retirement accounts Roseville Estate Law Estate Planning Attorney.
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Roseville Estate Law Living Trusts A revocable living trust is a popular estate planning tool that you can use to determine who will get your property when you die.
Intestate Succession A revocable living trust is a popular estate planning tool that you can use to determine who will get your property when you die Roseville Estate Law Living Trusts.

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3017 Douglas Blvd #301, Roseville, CA 95661
916-258-6215
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