What is Probate?
Larry Tolchinsky | October 21, 2010
The term “probate” refers to the court-supervised process for administering a deceased person’s estate. During the probate process, the decedent’s personal property and real estate are identified and gathered, his debts are paid and his leftover assets are distributed to his beneficiaries. If the decedent had executed a Will prior to his death, his assets [...]