Probate is the Court-supervised process by which assets are transferred from the deceased person’s estate to the beneficiaries. A will usually designates a person who is to take care of identifying the assets and debts owed by the estate and who is to handle the probate process. That individual is known as the executor and they begin the process by filing the will with the Court and being recognized by the Court. He or she then gathers the assets, notices and pays the creditors and any bills, and distributes the remaining assets according to the will after receiving court approval to do so. Certain rules control how funds are used to do so and in what order. If there is no will, the Court will appoint an appropriate administrator to handle the estate.
If you have questions regarding probate, please contact the office to schedule an appointment.
Dennis W. Stanford
Law Offices of Dennis W. Stanford