What is Probate Law?

What is Probate Law?
Probate is a legal process that takes place after someone dies. Probates main function is to settle and distribute the deceased person’s estate, with regard to all claims, debts, taxes owed and instructions left by the previous estate holder. Probate also considers any objections or contentions from family or others who feel they have a legal claim to that person’s estate.  Some of the major requirements of probate include:
  • proving in court that a deceased person's will is valid (usually a routine matter)
  • identifying and inventorying the deceased person's property
  • having the property appraised
  • paying debts and taxes
  • distributing the remaining property as the will (or state law, if there's no will) directs
Typically, probate involves paperwork and court appearances by lawyers. The lawyers and court fees are paid from estate property, which would otherwise go to the people who inherit the deceased person's property. The probate process may take as long as a year and even further delays if the will is contested. Call Sagaria Law today and learn how you can protect your assets and loved ones from Probate.

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