What is Probate?

Probate is the process with respect to wrapping up someone’s affairs after they pass away.

This can include collecting the decedent’s assets, preserving the same, inventorying, insuring, and appraising the assets. It also includes collecting, addressing and dealing with all the debt and payment of debts.

The Probate process also includes admitting the Will if one exists, administering the Trust if properly funded, filing the appropriate tax returns, and finally the distribution of assets according to the Will or law.

The Probate process can involve the aforementioned duties and responsibilities as well as legal paperwork and possibly Court Hearings. The fees associated with Probating the Estate may be paid from the decedent’s Estate.

For more information about Probate/Estate Administration or Contact Us.

 

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Thomas Taneff | 600 South High Street, Suite 201 | Columbus, Ohio 43215 | Phone: (614) 241-2181 | Fax: (614) 241-2160