Probate: Both a Process and A Place
[caption id="attachment_19102" align="aligncenter" width="380"] What is probate and where did it come from?[/caption] What is Probate? "Probate" is the legal process that deals with the assets and debts left behind after someone dies. Probate court is where probate is administered. The Probate adjudicates the validity of wills, enforces the provisions within a valid will (by issuing the grant of probate), makes sure creditors are notified and paid, provides for the equitable distribution of the assets of persons who die intestate (without a valid will), and prevents executors and administrators of estates from being dishonest and ensures they are doing their job. The term "probate" can be used to describe the legal process, or the court where the process takes place, or the distribution of assets. The probate process can include all aspects of estate administration,...
Selling Inherited Property- What is Probate Real Estate?
[caption id="attachment_18803" align="aligncenter" width="422"] Sacramento Probate Court administers probate real estate sales[/caption] According to Wikipedia, Probate is the legal process whereby a will is "proved" in a court and accepted as a valid public document that is the true last testament of the deceased. The reason for probate is twofold. Nominally, it is to distribute the decedent's property to his or her rightful heirs. An equally important function of probate -- some would say the real reason probate exists -- is to notify a decedent's creditors of his or her passing so that said creditors can present legal claims against the decedent's estate. Again, from Wikipedia... "...probate is the legal process of administering the estate of a deceased person, resolving all claims and distributing...
Probate Real Estate Expert In Sacramento County Explains Probate
[caption id="attachment_18523" align="aligncenter" width="300"] Probate can be a trying experience for a family... Our team can help[/caption] What is Probate? Is there always a Probate? How does California Probate Work? Sacramento area Probate Real Estate Expert Explains Probate with: Probate Questions and Answers What is Probate? When a person dies, their last will and testament (assuming they prepared on in advance) is handled and their wishes for the distribution of their personal property implemented through a process called probate. Probate simply means the procedure by which their last written directives are legally certified as the final statement of their wishes in regard to their worldly possessions (including any property or properties they may have owned). It also confirms the appointment of a person or...
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