Probate is the official legal procedure that unfolds after a person’s death, ensuring their final wishes are honored. This process includes validating the will, settling any outstanding debts, and distributing the deceased’s assets to the rightful beneficiaries. An executor is appointed to oversee and manage this procedure. While probate can be a lengthy and sometimes complicated endeavor, utilizing methods like living trusts can help bypass it, making the distribution of assets more straightforward and efficient.
