| Probate |
 |
Probate is the court process of distributing the assets
of a decedent to their heirs and beneficiaries. When there is no trust
involved and the gross estate (all property held in the name of the
decedent alone) at the time of death exceeds $100,000, a probate proceeding
must be opened to settle the estate, whether or not there is a will
for the decedent. |