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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) Irvine Probate Law (949) 812-6934 Probate Lawyer Steve Bliss can answer all your questions like,how long does probate take? Contact Irvine Probate Law and get the answers you need right now.
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Check to make sure that all of the persons and entitles listed on Attachment 8 of the Petition for Probate have been given notice.
It is also recommended (but not required) that each person be sent a copy of the Petition for Probate with all attachments.
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Make sure your estate planning documents are handled with care Irvine Probate Law Estate Planning 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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In addition to the petition,you will need to file a valid will,if one exists,and the death certificate Irvine Probate Law Probate Lawyer 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.
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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 close.
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 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 Irvine Probate Law Bank accounts.
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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.