A probate estate refers to the liabilities and assets of a deceased individual that must go through the Indiana probate process in order to be distributed to heirs or beneficiaries. Probate is the legal process in which Indiana courts oversee the distribution of a decedent’s assets. The assets that make up a probate estate typically include:
 Real estate,
 Personal property (including vehicles),
 Bank accounts,
 Investments, and
 Other assets that do not pass directly to a beneficiary outside of probate.
During probate, the court will assess the validity of a decedent’s will, and appoint a Personal Representative to manage the estate.