Probate is the court-supervised process of authenticating a last will and testament if the deceased person made one.
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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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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 Check Out Our YELP Reviews Mission Beach Probate Lawyers Estate Planning Attorney.
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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 good.
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