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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 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 Irvine Probate Law 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.
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Most living trusts are �revocable� because you can change them as your circumstances or wishes change Irvine Probate Law Living Trusts Probate is the court-supervised process of authenticating a last will and testament if the deceased person made one.
Notwithstanding,a revocable living trust with proper estate planning is the solution Irvine Probate Law Estate Planning Attorney In addition to the petition,you will need to file a valid will,if one exists,and the death certificate.
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