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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 Steve Bliss Irvine Probate Law A Boutique Law Firm Helping Plan For Your Family’s Future.

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Notwithstanding,a revocable living trust with proper estate planning is the solution 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 Irvine Probate Law Living Trust Attorney.
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Some assets are distributed to heirs by the court (probate assets) and some assets bypass the court process and go directly to your beneficiaries (non-probate assets).
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Then the court will schedule a hearing to approve the executor (or hear objections from other parties) home.
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Irvine Probate Law Probate Attorney In the case of a small estate,or if the decedent left his assets in trusts or gifted them prior to his death,probate may not be necessary.

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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.
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