A grant of probate represents official recognition by the Court that a Will is legally valid and that the person (s) appointed as executor (s) in it are authorised to administer the estate. A.. The probate process begins when you ask the probate court to be appointed as executor or personal representative. Next, you’ll gather the deceased person’s property and open a bank account in the name of the estate. You’ll then pay debts and taxes. Finally, you’ll distribute the remaining assets to inheritors and close the estate.
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The probate process involves four steps. First, a petition must be filed with the probate court to admit the will and appoint an executor. Notice of the court hearing has to be provided to all the deceased’s heirs and beneficiaries; a notice is often also published in a local newspaper in ordered to notify any creditors.. A grant of probate confirms the authority of the executor to administer the estate of someone who has died, which includes tidying up their affairs and distributing their assets to their heirs. Before you’re able to deal with the deceased person’s assets – such as their bank accounts – you’ll need to obtain legal authority to act.