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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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It is usually a good idea to set up an estate account for paying the estate’s final bills and expenses Estate Planning Law Experience of Over Thirty Years Rocklin Probate Law 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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Estate Planning 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.
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The significant loss of a decedent’s estate for the payment of attorney fees,executor compensation and court costs is a great motivator to put together a great estate plan.
Rocklin Probate Law Living Trusts 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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