The main reasons for setting up an irrevocable trust are for estate and tax considerations.
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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 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 Mission Beach Probate Lawyers Estate Planning.
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It is also recommended (but not required) that each person be sent a copy of the Petition for Probate with all attachments Call Your Roseville,California Probate Attorney Now Mission Beach Probate Lawyers 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.
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