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A probate registry is responsible for determining whether a will is valid and for issuing an order called a grant of representation. That order authorizes a person to perform certain duties on behalf of the estate of a person who has died. The obligation of the probate registry is to ensure...
Probate is the legal process for distributing the assets and property of someone who died. If the deceased (called the “decedent” in legal settings) left a will, the probate court will validate the document and appoint an executor to distribute the decedent’s property to beneficiaries and pa...
Whether or not probate is necessary for a decedent’s estate depends mostly on what assets are left behind and their total value. A number of assets don't go through probate. Any of the deceased’s property with a beneficiary designation— whether it’s a bank account, retirement plan, or...
What Is Probate and When Is It Required?
A probate bond is a type of bond that serves as a guarantee that the executor of an estate will perform his or her duties...
Administrative Probateis the process by which the individual seeking clarification or enforcement of the will, is appointed a “personal representative,” to assist with probate of a will or sorting through intestacy (deceased without a will). A personal representative may be appointed by the Registe...
Not every property or monetary fund is subject to a probate tax. To begin with, insurance proceeds and bonds that are payable to a surviving spouse, children, or another named beneficiary are exempt. The exception is when the named beneficiary is the estate, owned by the deceased. Property ...
Probate court is the legal process of distributing someone's estate after they've passed away. This guide will walk you through how it works and what you should expect.
Probate is the process completed when adecedentleaves assets to distribute, such as bank accounts, real estate, and financial investments. Probate is the general administration of a deceased person'swillor the estate of a deceased person without a will. Anexecutoris commonly named in the will or...