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By administrator 0 Comment June 8, 2020

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Collect,inventory and appraise all assets that are subject to probate and present them to the court,such as: Irvine Probate Law Probate Attorney The significant loss of a decedent’s estate for the payment of attorney fees,executor compensation and court costs is a great motivator to put together a great estate plan.
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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 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 Estate Planning Attorney.
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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 assets.
If additional space is needed,attach a separate page File the signed Proof of Service by Mail with the court proceeding.
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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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Collect money owed to the estate,such as outstanding paychecks and rents.