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Probate Administration

The process of administering the settling of the estate of a deceased person is called probate administration. Probate is the resolution of all claims against the estate, all debts owed to the estate and all debts owed by the estate. If the deceased person has left a will, they will have typically also named an executor to administer probate; if the deceased dies intestate, meaning without a will, the probate court will assign an administrator to oversee the settlement of the estate. Probate administration involves a great deal of paperwork and technicalities and must be done in accordance with state laws. It is important that the person administering probate be able to handle the many aspects of probate in order to close the estate without legal ramifications later due to it being done improperly.

Fast Facts

  • Probate administration can be a time consuming task and as such the administrator can charge a fee to the estate that varies from state to state.
  • Probate of large estates is best left to attorneys or estate planners who are familiar with the various laws involving large transfers and trusts.

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