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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 Virtual Probate Process Rocklin Probate Law 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.
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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 Rocklin Probate Law Trust Attorney Avoiding probate is by far the most common reason why people seek out the advice of an estate planning attorney.
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In addition to the petition,you will need to file a valid will,if one exists,and the death certificate.
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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 Rocklin Probate Law Probate Lawyer 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.
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