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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 trust.
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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 Citrus Heights Probate Law 7649 Sunrise Blvd.STE: M,Citrus Heights,CA 95610 Estate Planning Lawyer TRACK YOUR PROGRESS 24/7.
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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 If you�re approved as executor,the court will officially open the probate case and you will now be able to act on behalf of the deceased�s estate Citrus Heights Probate Law Living Trust Attorney.
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