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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 Stocks and bonds Citrus Heights Probate Law You’ll need to ensure the estate’s assets can cover all debts before paying them If not,the state will prioritize creditor claims.
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Notwithstanding,a revocable living trust with proper estate planning is the solution Citrus Heights Probate Law Living Trusts 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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