What Type of Assets Are Subject to Probate? (Real Estate - Houses, Properties for Sale)

Item ID 9330281 in Category: Real Estate - Houses, Properties for Sale

What Type of Assets Are Subject to Probate?


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In England, the term probate is used in order to describe both the legal and financial process involved in dealing with the money, possessions, and property of someone who has passed away. Throughout this process, the executor of the will has to prove that the will is valid, confirm that they have the authority to administer the estate, settle liabilities and distribute the assets to the correct beneficiaries. Not all assets are subject to probate, it comes down to what that asset actually is and the means by which it was owned by the deceased. This article is going to talk in more detail about the assets which are subject to probate.

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Target Nation: All Nations
Target City : Norwich
Last Update : 05 July 2023 8:33 AM
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Item  Owner  : ProbatesOnline
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2024-05-04 (0.222 sec)