Tag Archives: trusts

Probate: What is it, Where Does it Happen?

Probate is a legal process involving the property of someone who has died. The probate process determines who will inherit the decedents property and it occurs whether a person dies with a will (testate) or without a will (intestate). Probate is necessary even with the existence of a will because a court needs to confirm that the will is legally valid before any property is transferred. Generally, one person is appointed to manage the probate process. If the person was named in the decedent’s will, they are called an executor or executrix. If there was no will, than the individual … Read More