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A basic estate plan in California will typically include the following documents for you and your spouse: Escondido probate law steven bliss With regard to deceased persons,probate is the court-supervised process of administering their estate.
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What is the difference between will and estate planning? Steve Bliss with the Escondido Probate Law answers estate planning questions Losing a loved one is a sad and difficult time for family,relatives,and friends Escondido Probate Law The 2nd file,called a living will,enables you to choose how you want to be dealt with if resuscitation or life assistance is needed.
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A Solid reputation for excellence in Estate Planning law Steve has helped hundreds of families manage their Estate Planning proceedings Under current law,more than 997% of all estates don’t owe federal estate tax,so you probably don’t need to worry about that Escondido probate law To identify the property,here is some helpful information.
You have a duty to act responsibly and honestly In a probate case,an executor (if there is a will) or an administrator (if there is no will) is appointed by the court as personal representative to collect the assets,pay the debts and expenses,and then distribute the remainder of the estate to the beneficiaries (those who have the legal right to inherit),all under the supervision of the court Escondido probate law Once a petition to probate an estate is filed,the court will issue an order setting a hearing Any interested party will receive notice of the hearing.
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Is it better to have a will or a trust? Deciding between a will or a trust is a personal choice,and some experts recommend having both.A will is typically less expensive and easier to set up than a trust,an expensive and often complex legal document.More details call estate planning attorney Steve Bliss now.
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Escondido Probate Law If the case has to go through a formal probate court case,then the court appoints an administrator to be the estate representative.