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Probate is the court-supervised process of authenticating a last will and testament if the deceased person made one Irvine Probate Law Probate Lawyer The significant loss of a decedent’s estate for the payment of attorney fees,executor compensation and court costs is a great motivator to put together a great estate plan.
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You’ll also need to pay all applicable taxes,as well as file a final income tax return on the estate.
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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 You will need to file a request in the county where the deceased person lived at the time of their death Irvine Probate Law 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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