Difference between revisions of "Probate"
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| − | '''Probate''' is a [[court]] proceeding by which a [[will]] is proved valid or invalid. Term used to mean all proceedings pertaining to the administration of estates such as the process by which assets are gathered; applied to pay debts, taxes, and expenses of administration; and distributed to those designated as beneficiaries in the [[will]]. Probate is conducted in states [[court]]s. [[ | + | '''Probate''' is a [[court]] proceeding by which a [[will]] is proved valid or invalid. Term used to mean all proceedings pertaining to the administration of estates such as the process by which assets are gathered; applied to pay debts, taxes, and expenses of administration; and distributed to those designated as beneficiaries in the [[will]]. Probate is conducted in states [[court]]s. [[Category:Legal Terms]] |
Revision as of 21:06, April 23, 2008
Probate is a court proceeding by which a will is proved valid or invalid. Term used to mean all proceedings pertaining to the administration of estates such as the process by which assets are gathered; applied to pay debts, taxes, and expenses of administration; and distributed to those designated as beneficiaries in the will. Probate is conducted in states courts.
