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A revocable living trust is a popular estate planning tool that you can use to determine who will get your property when you die Irvine Probate Law 41 Corporate Park,Irvine,CA 92606 Probate Attorney Notwithstanding,a revocable living trust with proper estate planning is the solution.
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With all claims,debts and expenses paid,you’ll give the remaining property to the rightful heirs and/or as the will directs have.
Estate Planning Attorney Steve Bliss is devoted to solving estate planning and trust issues Once everything has been distributed,you will submit receipts and records of everything to the court and then ask for the estate to be closed and to be released from the role of executor Irvine Probate Law You’ll also need to pay all applicable taxes,as well as file a final income tax return on the estate.
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Irvine Probate Law Estate Planning Lawyer In addition to the petition,you will need to file a valid will,if one exists,and the death certificate.
You’ll also need to pay all applicable taxes,as well as file a final income tax return on the estate.
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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.
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