Probate is the legal process through which a deceased person’s will is validated by a court. It involves proving in court that the deceased person’s will is valid, determining the assets and liabilities of the estate, and distributing the deceased person’s assets according to their will or, if there is no will, according to the […]
Tag: #AssetDistribution
What is will ?
A will, also known as a last will and testament, is a legal document that allows an individual, known as the testator or testatrix, to specify how they want their assets and properties to be distributed after their death. It is a fundamental component of estate planning and serves several key purposes: Overall, a will […]