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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 Roseville Estate Law Estate Planning You’ll need to ensure the estate’s assets can cover all debts before paying them If not,the state will prioritize creditor claims.
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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 Effectively resolved probate or trust administration also requires expert accounting and tax preparation Roseville Estate Law Get started the right way,make a plan Get it finished as quickly as possible.
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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 law.
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Lawyer Steven F Bliss offers personalized estate planning and help with probate-related issues Avoiding probate is by far the most common reason why people seek out the advice of an estate planning attorney Roseville Estate Law 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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