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A Living Trust is established with a document, often a Declaration of Trust potentially Trust Set up. It's basically a relationship whereby property (real or personal, tangible or intangible) is held by one party for that benefit of some other. A Living Trust conventionally arises when property is transferred along with separate Trustee to hold for the Beneficiary. However, that's but not always necessary.
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Probate proceedings are locked in Superior Court for the county for which the Testator lived. The Executor (the person who administers the estate) is mainly responsible for protecting a deceased person's property until all debts and taxes have been paid, to see that what's left is in order to those tend to be entitled going without running shoes. Their job includes making an inventory of the estate's assets, locating creditors, paying bills, filing tax returns, and managing the estate methods. Finally, when this is all done, a documents are filed more than court requesting a distribution to the Beneficiaries. The complete process consider many months and sometimes years to handle.
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