What is probate?

Probate is the court-supervised administration of a deceased person’s assets. Procedures vary by jurisdiction, but generally include:

    (1)  a court hearing to determine if the decedent died with or without a will;

    (2)  notifying heirs and creditors of the probate estate; 

    (3)  filing an inventory of probate assets;

    (4)  paying administration expenses, taxes, and creditor claims; 

    (5)  distributing remaining assets according to the will or state law; 

    (6)  filing a Fiduciary Account with the court showing all financial transactions.  

If you are named the executor in a will, contact Oliver Law, P.C. for assistance in carrying out your responsibilities.