What is Probate?
Probate is the legal process of administering a deceased person’s estate. This court-supervised procedure involves validating the deceased’s will, identifying and appraising their assets, paying outstanding debts and taxes, and distributing the remaining property to heirs or beneficiaries. Probate ensures that the deceased’s final wishes are honored and their affairs are settled according to law.
The probate process can be complex and time-consuming, often lasting several months to over a year, depending on the estate’s size and complexity. It typically involves several steps, including filing the will with the court, appointing an executor or administrator, notifying creditors and beneficiaries, and submitting a final accounting to the court. While some estates may qualify for simplified procedures, many require formal probate, highlighting the importance of experienced legal guidance throughout this challenging time.