6. Law office of Kristine M. borgia Kristine Borgia Probate is the court that oversees the distribution of assets and satisfaction of liabilities once someone has passed. If there is a will, it must pass through probate. Trusts are administered separately and may or may not be required to pass through probate. If you are an executor or trustee you carry a substantial burden – you have personal, financial, and fiduciary responsibilities and liabilities. Most people do not understand the burdens of an executor or trustee. They have simply agreed out of love for the person who has asked, and the respect that accompanies that request. It is easy to become overwhelmed by all of the required reports, tax returns, marshaling of assets, and disposal of property.
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Riverside, CA 92501