26984 words

probate

5 definitions • 6 examples
1
the legal process of deciding if a person's will has been made correctly and if the information it contains is correct:

Examples:

Before probate can be granted, all business assets have to be identified and valued.
2
a tax paid on money or property you have received from someone who has died
3
to prove that a person's will has been made correctly and that the information it contains is correct
4
the process of managing the property, money, etc. of someone who has died and giving it to the beneficiaries (= people who should receive it):

Examples:

Unlike a will, a living trust generally does not have to go through probate.
Statewide, 11,605 probate cases were filed last year, three-fourths of them involving estates where no will was left.
grant/obtain probate
a probate court/judge/lawyer
5
in the US, to go to court to receive the authority to manage the property, money, etc. of someone who has died and give it to the beneficiaries:

Examples:

probate a will/an estate

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