Probate of a decedent’s estate is a formal process, established and conducted according to state law, that allows the conveyance of legal title from the deceased’s estate to the beneficiaries designated in the Will — or by law, if the decedent died intestate. The Probate Court determines the validity of the decedent’s Will, and appoints an executor or administrator to gather the assets, notify and pay creditors and distribute the assets pursuant to the Will’s terms. The court governs the process by requiring approval and accountings at various steps throughout the procedure and grants costs and standard fees, which may be up to six percent of the gross probate estate.
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