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In Kansas, you can make a living trust to avoid probate for virtually any asset you ownreal estate, bank accounts, vehicles, and so on. You need to create a trust document (similar to a will), naming someone to take over as trustee after your death (called a successor trustee).
What is Involved? Notify heirs and creditors of the probate proceedings. Take possession of inventory and preserve the probate assets of the deceased. Collect all income, such as rents, interest and dividends, demand and collect all debts, claims and notes due. Manage the deceaseds business.
Once the will is determined to be valid, the next step is the probate process. Probate proceedings are usually only required if the deceased person owned any assets in their name only. Other assets, also known as non-probate property, can generally be transferred to the other owner without probate.
Notice of Probate is a form that the Surrogates Court requires parties seeking appointment as Executor to send to particular individuals. The people entitled to these notices include: The Underlying Beneficiaries of the Estate.
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