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Most living trusts are �revocable� because you can change them as your circumstances or wishes change.
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The main reasons for setting up an irrevocable trust are for estate and tax considerations 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 Estate Planning Lawyer.
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Most living trusts are �revocable� because you can change them as your circumstances or wishes change Irvine Probate Law (949) 812-6934 Estate Planning 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).
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 Probate laws can vary from state to state Irvine Probate Law Estate Planning Attorney.
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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 Living Trusts 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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Probate is the court-supervised process of authenticating a last will and testament if the deceased person made one 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 google rating.

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Our Law Practice Areas Estate planning isn�t about the end of life,it�s about preserving the life you love When a loved one or family member dies with just a Will,or no estate plan at all,his or her family is needed to put the estate through a court-managed process called probate Irvine Probate Law 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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