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probated

Probated is an adjective describing a will or an estate that has undergone probate, the judicial process by which a deceased person’s will is validated and an estate is administered. In probate, a court oversees the collection of assets, payment of debts, and distribution of remaining property to beneficiaries in accordance with the will or applicable law.

The probate process typically begins when a court accepts the will for probate and appoints an executor

Not all assets pass through probate. Probate applies to assets titled in the decedent’s name without a

Probate can be time-consuming and costly, and disputes with creditors or heirs can arise. Many individuals seek

(or
administrator
if
there
is
no
will).
The
court
may
issue
letters
testamentary
(or
letters
of
administration)
authorizing
the
executor
to
act.
The
process
involves
validating
the
will,
notifying
heirs
and
creditors,
inventorying
and
valuing
assets,
paying
debts
and
taxes,
and
distributing
assets
to
beneficiaries.
A
final
accounting
and
closing
of
the
estate
conclude
probate.
designated
beneficiary,
such
as
certain
real
estate,
bank
accounts,
and
investments.
Property
held
in
joint
tenancy,
accounts
with
named
beneficiaries,
and
assets
placed
in
a
trust
generally
pass
outside
probate.
to
minimize
probate
through
estate
planning
techniques
such
as
trusts,
beneficiary
designations,
or
careful
titling
of
assets,
or
by
using
simplified
small-estate
procedures
where
available.
Probate
laws
and
procedures
vary
by
jurisdiction.