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The paperwork will ask for you to be officially acknowledged as the legal executor representing the estate You’ll need to ensure the estate’s assets can cover all debts before paying them If not,the state will prioritize creditor claims Citrus Heights Probate Law Our number one priority is that you experience the personal excellence that thirty years of experience can bring.
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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 You’ll also need to pay all applicable taxes,as well as file a final income tax return on the estate Citrus Heights Probate Law Trust Attorney.
In addition to the petition,you will need to file a valid will,if one exists,and the death certificate TRACK YOUR PROGRESS 24/7 Citrus Heights 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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