When someone dies, their assets must pass through the estate. The probate process includes the collection of the decedent’s assets, the payment of any necessary duties and taxes, and the administration of the property to the heirs according to the will.
Probate of the deceased’s will
During this process, the authenticity of the deceased’s will must be proven in the court of law. A decedent’s will must be legalized shortly after his or her death. No one has the right to hold you at all costs.
The attorney of the deceased or the person who possesses the testament of the diminished person, must present it immediately, or within the indicated term. There are penalties for destroying or concealing the will.
Testamentary procedures
The procedure begins only when there is the participation of an official executor. If you are familiar with the different types of laws involved, you can apply to be the executor on behalf of friends or family.
- The first thing you need to do here is to submit a formal application. Applications must be filed in the local court of the same country, where the deceased lived the last days of his life. Along with submitting parole papers, you must also submit the decedent’s original death certificate.
- After filing the documents with the court, the next step is to inform the decedent’s creditors. You can advertise about the succession in the newspapers or any other local media.
- You can inform the heirs and beneficiaries of the deceased about the probate process by sending the court notice to their respective postal address or sending it to them by email. You will need to document all notices sent to successors in line and submit them to the court before the probate process begins.
You can complete all procedures within the nine-month period, which is after your client’s date of death. There are many benefits to informing your client in advance about what will happen to his or her possessions after death.
- The distribution of property among the beneficiaries will take place only after paying off the debts incurred by the sick from different sources.
- The entire process will be completed with the transfer of the deceased’s possessions to the rightful beneficiaries.
The inheritance money will be passed on to the next successor in line in many ways, such as funeral expenses, debts and taxes, family allowances, estate administration costs, etc.
