Monday, September 12, 2011

Another FAQ: What is Probate, Anyway?

Many people we meet are unfamiliar with the ins-and-outs of probate, and often ask us to clarify a number of questions.

Very simply, probate is the process by which a person's assets change hands at their death. If a person dies and his or her will says that all assets are to go to the children, the children cannot take possession of those assets until the will and other papers have been filed with the probate court, and the probate court has given its approval. The whole process usually takes at least six months, and often more.

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