{{ wiki.title }}
{{ wiki.title }}
Law & Legal
  1. How to Qualify for a Medicaid Waiver
  2. Six Reasons Someone May Be Placed Under a Guardianship
  3. What Can Be Included in a Will?
  4. How Much Should You Put as a Down Payment on a House?
  5. 3 Assets That Can Fund a Trust
  6. Why You Should Have a Life Insurance Policy
  7. Is Real Estate a Good Financial Investment?
  8. S-Corp vs. C-Corp
  9. 5 Reasons Someone Might Disinherit a Child
  10. Benefits of a Testamentary Trust
  11. Steps on How to Sign Up for Life Insurance
  12. What is the Estate Administration Process?
  13. What Types of Government Benefits are Available for the Elderly?
  14. What is the Job of an Executor?
  15. What is a Simple Estate Plan?
  16. Why You Should Have a Will
  17. 3 Things You Need to Prepare Your Taxes
  18. Tips for Planning an Estate
  19. What is Electronic Notarization?
  20. Are There Requirements to Qualify for Medicaid Home Care?
  21. 3 Benefits of Tax Planning
  22. 3 Things to Know About Retirement Planning
  23. How Does Mental Illness Impact Your Estate Planning Process?
  24. What is a Lawsuit for Wrongful Death?
  25. What is The Tax Code?
  26. Guide to Become a Tax Advisor
  27. Does My Parents' Divorcing Impact My Inheritance?
  28. Guide to Understand When You Should and Shouldn't Buy a Home
  29. 3 Things a CPA Can Help With
  30. Tips to Maximize Your Tax Refund
  31. 3 Reasons You Should Have a Tax Accountant on Retainer
  32. Do Self-Employed Individuals Get Taxed Differently?
  33. What are Unclaimed Funds?
  34. 4 Things to Know About Surrogate's Court
  35. 3 Reasons Having Advance Directives is Important
  36. What are Estate Taxes?
  37. What is The Estate-Tax Exemption?
  38. Who Has to File Taxes?
  39. 3 Reasons You Should Have a Trust Protector
  40. Understanding Spousal Impoverishment
  41. Who Files Taxes For Businesses?
  42. Should I File My Taxes Using Turbo Tax?
  43. 3 Ways to Protect Against Financial Exploitation
  44. Who Qualifies for a Special Needs Trust?
  45. Guide on How to Write Off Business Expenses When Doing Your Taxes
  46. 3 Things Every Small Business Should Know
  47. Why Updating Your Will is Important
  48. What is the Probate Journey?
  49. What Happens if I Don't File My Taxes?
  50. Tax Accountant vs CPA
What is the Probate Journey? {{ currentPage ? currentPage.title : "" }}

The probate journey is a process that occurs after a person passes. It's court-supervised and revolves around validating a deceased person's will. This process isn't always as cut-and-dry as TV shows and movies lead many to believe.

In reality, it can be a lengthy ordeal, depending on the size of an estate. Whether you're a beneficiary or are in the process of creating your will to plan for the future, it's important to know what occurs during the probate process.

What is the Probate Process?

Probate is about processing a person's will. The goal is to identify the deceased person's assets, pay their final debts and distribute property to the proper heirs.

When creating a will, you must name an executor. The executor is the person in charge of overseeing probate, and they have 30 days after the will owner dies to file documents with the probate court and begin the process. Explore the probate process: Visit this website for a detailed breakdown and expert insights. Your definitive guide to understanding 'what is the probate process' awaits!

From there, court proceedings will occur to understand the will's stipulations. The probate court first determines if the will is valid by looking for self-proving affidavits. These documents are usually enough to begin probate.

If you have a well-written will, this process can be relatively straightforward. However, large estates may require multiple court proceedings to execute the will.

It all depends on the will and the amount of assets to distribute. Probate isn't always necessary. Many state laws have a threshold. If the property's value is below that threshold, heirs don't have to go through probate. The same goes for certain accounts, such as 401(K) plans and IRAs with listed beneficiaries.

What is the Probate Process for Those Without a Will?

Things get infinitely more complex if the deceased person doesn't have a will. That's why it's important to create a will early to avoid headaches after you pass. In these cases, the descendants are "intestate."

The process can differ depending on the state's intestate succession laws. These laws dictate where inheritances go based on family relationships. However, court proceedings may still occur, and the process can take much longer if there are disputes.

Author Resource:-

Mark writes often about estate planning. His articles may include topics like real estate closing attorney and business succession laws to help the people in needs. You can find his thoughts at probate administration blog.

{{{ content }}}