Probate is the legal process of administering a person's estate after they have died. This includes gathering and valuing the assets of the deceased, paying any debts and taxes, and distributing the remaining assets to the beneficiaries of the estate, according to the terms of the will or the state's laws of intestacy.
Probate is typically handled by the executors of the estate, who are named in the deceased's will or appointed by a court. The executors are responsible for obtaining a legal document called a grant of probate, which gives them the authority to carry out the terms of the will and manage the deceased's assets.
The probate process can be a complex and time-consuming task, involving the collection and management of financial and legal documents, filing paperwork with the court and other government agencies, and communicating with beneficiaries and other interested parties.
In the UK the Probate Service is a government agency that handles the probate process and issues the grant of probate. The probate application can be done by the executor of the will themselves or through a probate solicitor.
It's important to note that not all estates require probate, only those that have certain assets or are above a certain value.
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