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Inventory All Assets Most living trusts are �revocable� because you can change them as your circumstances or wishes change Irvine Probate 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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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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It includes locating and determining the value of the decedent�s assets,paying his final bills and taxes,then distributing the remainder of the estate to his rightful heirs or beneficiaries more.
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It is also recommended (but not required) that each person be sent a copy of the Petition for Probate with all attachments 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 Irvine Probate Law Nearly all forms can be signed electronically.
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Then the court will schedule a hearing to approve the executor (or hear objections from other parties).
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Some assets are distributed to heirs by the court (probate assets) and some assets bypass the court process and go directly to your beneficiaries (non-probate assets) Check to make sure that all of the persons and entitles listed on Attachment 8 of the Petition for Probate have been given notice Irvine Probate Law Estate Planning.
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In addition to the petition,you will need to file a valid will,if one exists,and the death certificate include.
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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 trust.
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