Probate is the court-supervised process of validating a will, settling debts, and distributing the deceased person’s assets. Some assets—like those held in trusts or with named beneficiaries—can avoid probate altogether.
Probate is the court-supervised process of validating a will, settling debts, and distributing the deceased person’s assets. Some assets—like those held in trusts or with named beneficiaries—can avoid probate altogether.