probate
Probate services
Probate is the examination and management of estate assets that were formerly possessed by a deceased individual. Upon the death of a property owner, their assets are typically evaluated by a probate court. This court delivers the conclusive decision regarding the allocation and dissemination of assets to beneficiaries. A probate process usually commences by assessing whether the deceased individual has created a validated will.
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A probated will is important because it establishes the executor as the legal person responsible for carrying out the wishes of the deceased. Probate is the first step in the process of settling claims and distributing the assets of the deceased. In some cases, a will may not have been created or may not be valid, in which case the assets may become unclaimed property.
