Asked by Melannie Cayetano on Jun 08, 2024
Verified
The process of proving and validating a will and settling matters pertaining to the administration of a decedent's estate, guardianship of a decedent's children, and similar matters is called
A) estate planning.
B) probate.
C) intestacy.
D) estate execution.
Estate Execution
The process of managing and distributing a deceased person's property under the guidance of an executor as designated in the will.
Settling Matters
The process of resolving disputes or finalizing agreements outside of court or through negotiation.
Decedent's Estate
The real and personal property owned by an individual at the time of their death, subject to distribution among heirs and beneficiaries per the will or state law.
- Recognize various estate planning and probate processes.
Verified Answer
MB
Myesha BaldwinJun 11, 2024
Final Answer :
B
Explanation :
Probate is the legal process through which a will is proved in a court and accepted as a valid public document that is the true last testament of the deceased, or wherein the estate is settled according to the laws of intestacy in the absence of a will.
Learning Objectives
- Recognize various estate planning and probate processes.