Probate is the court-supervised process of validating a deceased person’s will. It involves identifying the person’s final assets, paying last debts and distributing property to the proper heirs. And ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Ebony Howard is a certified public accountant and a QuickBooks ProAdvisor tax expert. She ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Ebony Howard is a certified public accountant and a QuickBooks ProAdvisor tax expert. She ...

Forbes contributors publish independent expert analyses and insights. Matthew F. Erskine is a trusts and estates attorney. Probate is a term that often sends shivers down the spine of those unfamiliar ...

Probate refers to the legal process of settling the estate of a deceased person. This process can take anywhere from a few months to a couple of years, depending on several factors such as the size ...

Christy Bieber has a JD from UCLA School of Law and began her career as a college instructor and textbook author. She has been writing full time for over a decade with a focus on making financial and ...

Probate is the legal process of administering a Decedent’s Last Will & Testament (“Will”), whereby assets owned by the Decedent at death are distributed pursuant to the terms of their Will, or if ...

Probate handles asset distribution post-death; having a will simplifies this process. Assign beneficiaries for assets like life insurance to bypass probate. Creating a trust can avoid probate, ...

Probate is the legal process for distributing your property after you die. Many, or all, of the products featured on this page are from our advertising partners who compensate us when you take certain ...