Assertion: probate | /r/HasProperty | no will
Facets:
Source sentences:
text: Probate is the process of distributing the estate according to a Will, or if there is no Will, according to the state “intestacy” law.
text: If the value of the estate is above a specified amount, as defined by the state, probate is required even if there is a will.
text: Probate is required if there are significant assets to be distributed or creditors to be paid outside of what is legally stated in the will or if there is no will at all.
text: If there was no will, probate is necessary to determine the beneficiaries and to distribute the decedent's assets and title to property.
text: When there is no will, probate is frequently required to determine the deceased owner’s probate assets, assess their value and distribute them to creditors and heirs.
text: If there is no will, probate will be useful in determining heirs to an estate.
text: After a person dies, probate is a legal process of paperwork and court appearances used to officially distribute the estate based on the deceased's will (or based on state law if there is no will).
text: Probate can become more complex when there is no will and/or no executor.
text: Even if there is a will, probate may not be necessary if the estate is worth no more than a stated dollar value or is small with no real estate title to be transferred or all of the estate is either jointly owned or community property.
text: Even if there is a will, probate may not be necessary if the estate is under a defined statutory value with no real estate title to be transferred or all of the estate is either jointly owned or community property.
text: Even if there is a will, probate may not be necessary if the estate is worth no more than a stated dollar value or is small with no real estate title to be transferred or all the estate is either jointly owned or community property.
text: Even if there is a will, probate may not be necessary if the estate is worth no more than the stated dollar value or is small with no real estate title to be transferred or the entire estate is either jointly owned or community property.
text: Is probate required if there is a will?