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Also review any outstanding bills and debts and decide whether/how they must be paid Citrus Heights Probate Law can handle all meetings or interactions with beneficiaries to fix issues and explain the workings of the trust which can be time consuming,challenging,if not downright exhausting Citrus Heights Probate Law Trust Lawyer.
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Collect,inventory and appraise all assets that are subject to probate and present them to the court,such as:.
Trustees Management Citrus Heights Probate Law Probate Lawyer The main reasons for setting up an irrevocable trust are for estate and tax considerations.
Collect money owed to the estate,such as outstanding paychecks and rents.
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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.
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