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Before beneficiaries get anything, the will must go through a court-supervised legal process called probate, in which the contents of a last will become a matter of public record.
When a revocable trust is fully funded by conveying all of your property into your trust during your lifetime, no probate of your estate is required.
” Many clients are initially unaware that estate planning typically involves more than simply drafting a will.
The fastest that can happen in California is typically 9 months, and that length of time can create problems for your loved ones.
Remember that tax avoidance is not the only objective of your legacy strategy and may be less important than other objectives.
Upon your death, assets are distributed to your beneficiaries privately.
While it’s intended to check that assets are distributed according to the decedent's wishes, the process can take months or even years and incur significant costs.
Our attorneys will communicate with you directly and respond to your questions right away.
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