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Satisfy Bills & Debts Irvine Probate Law Probate Attorney 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.
In addition to the petition,you will need to file a valid will,if one exists,and the death certificate Irvine Probate Law Living Trusts 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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Most living trusts are �revocable� because you can change them as your circumstances or wishes change You’ll need to ensure the estate’s assets can cover all debts before paying them If not,the state will prioritize creditor claims Irvine Probate Law Probate Attorney.

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Check to make sure that all of the persons and entitles listed on Attachment 8 of the Petition for Probate have been given notice Need Assistance with your legal probate proceedings? Irvine Probate Law Estate Planning Attorney.
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