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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.
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Folsom Probate Law Probate Lawyer A revocable living trust is a popular estate planning tool that you can use to determine who will get your property when you die.

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You’ll need to ensure the estate’s assets can cover all debts before paying them If not,the state will prioritize creditor claims Folsom Probate Law Estate Planning 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.
Avoiding probate is by far the most common reason why people seek out the advice of an estate planning attorney The main reasons for setting up an irrevocable trust are for estate and tax considerations Folsom 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 will need to file a request in the county where the deceased person lived at the time of their death.
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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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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.
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The paperwork will ask for you to be officially acknowledged as the legal executor representing the estate Statewide Representation for Estate Planning and Probate Folsom Probate Law Protect yourself and future generations with proper estate planning.
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The main reasons for setting up an irrevocable trust are for estate and tax considerations.
In addition to the petition,you will need to file a valid will,if one exists,and the death certificate.
Then the court will schedule a hearing to approve the executor (or hear objections from other parties) Folsom Probate Law Estate Planning Contact lawyer Steve Bliss for all estate-related matters,including probate,wills and trusts.

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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 The paperwork will ask for you to be officially acknowledged as the legal executor representing the estate Folsom Probate Law Probate Attorney.
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