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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.
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) Rocklin Probate Law 6520 Lonetree Blvd.Ste 3C.Rocklin,CA 95765 Trust Lawyer If additional space is needed,attach a separate page File the signed Proof of Service by Mail with the court.
Steven F Bliss Esq Rocklin Probate Law Trust Lawyer It includes locating and determining the value of the decedent�s assets,paying his final bills and taxes,then distributing the remainder of the estate to his rightful heirs or beneficiaries.
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It is usually a good idea to set up an estate account for paying the estate’s final bills and expenses.
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A revocable living trust is a popular estate planning tool that you can use to determine who will get your property when you die 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 Rocklin Probate Law The main reasons for setting up an irrevocable trust are for estate and tax considerations.
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