Tuesday, April 15, 2014

What is Probate?

Probate is the legal process of administering an estate after someone dies. This process helps in the transfer of an estate in an orderly and supervised manner. If a person dies with a will, then the will determines how an estate is transferred during probate and to whom. If a person died without a will, then the laws where one lives specify who gets what parts of the estate. A state court or probate court oversees the probate process. The probate process may therefore vary from state to state. 

However, even with the differences, the basic probate process typically include the following:
  • Proving a will's validity in court
  • Notifying heirs, creditors, and the public of the decedent's death
  • Identifying and inventorying the deceased person's property
  • Having the property appraised
  • Paying debts and taxes
  • Distributing the remaining property to the beneficiaries as the will directs
Probate involves paperwork and court appearances by lawyers. The lawyers and court fees are typically paid from estate property. If you have further questions, do not hesitate to consult a Los Angeles probate attorney from my firm by visiting http://www.davidshapirolaw.com/.  

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