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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.
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Most living trusts are �revocable� because you can change them as your circumstances or wishes change Roseville Estate Law Probate Attorney Roseville Probate Law can handle all meetings or interactions with beneficiaries to fix issues and explain the workings of the trust which can be time consuming,challenging,if not downright exhausting.
It is also recommended (but not required) that each person be sent a copy of the Petition for Probate with all attachments In addition to the petition,you will need to file a valid will,if one exists,and the death certificate Roseville Estate Law Trust 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.
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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 Roseville Estate Law 3017 Douglas Blvd,Ste 301 Roseville,CA 95661 Probate Attorney Make sure your estate planning documents are handled with care.