What is Probate?

Are you an executor or estate trustee trying to sell the property of a deceased person?

 

If so, you might need proof from a court that you are authorized to do so. This is known as probate.

 

Probate is an old legal term. It means a court has confirmed the Will of a deceased person. It also means the court recognizes that an executor or estate trustee has been appointed.

 

Important facts about probate:

 

  • It is not required for every estate.
  • The executor may need it to sell property registered by deceased.
  • It can be expensive.
Speak to a lawyer to determine if you need probate. A lawyer can also help you structure your estate to cut the cost of having your Will probated.
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