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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 system Irvine Probate Law Living Trusts take 41 Corporate Park,Irvine,CA 92606.
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This may require some sleuthing on your part You might need to go through checkbooks,emails and/or bank account to gather information best.
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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.
You’ll need to ensure the estate’s assets can cover all debts before paying them If not,the state will prioritize creditor claims avoid.
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If additional space is needed,attach a separate page File the signed Proof of Service by Mail with the court procedure.
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You’ll also need to pay all applicable taxes,as well as file a final income tax return on the estate Irvine Probate Law Probate Attorney Need Assistance with your legal probate proceedings?.
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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).

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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 good.
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