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  2. Probate court - Wikipedia

    en.wikipedia.org/wiki/Probate_court

    Probate courts administer proper distribution of the assets of a decedent (one who has died), adjudicates the validity of wills, enforces the provisions of a valid will (by issuing the grant of probate), prevents malfeasance by executors and administrators of estates, and provides for the equitable distribution of the assets of persons who die ...

  3. Probate sale - Wikipedia

    en.wikipedia.org/wiki/Probate_sale

    A probate sale is the process executed at a county court where the executor for the estate of a deceased person sells property from the estate (typically real estate) in order to divide the property among the beneficiaries. There is a personal representative of the estate who will determine if the real estate is going to be sold.

  4. Probate - Wikipedia

    en.wikipedia.org/wiki/Probate

    In common law jurisdictions, probate is the judicial process whereby a will is "proved" in a court of law and accepted as a valid public document that is the true last testament of the deceased; or whereby, in the absence of a legal will, the estate is settled according to the laws of intestacy that apply in the jurisdiction where the deceased resided at the time of their death.

  5. I Live in California. How Can I Avoid Probate? - AOL

    www.aol.com/live-california-avoid-probate...

    For premium support please call: 800-290-4726

  6. How to prevent your investment assets from going into probate

    www.aol.com/finance/prevent-investment-assets...

    Probate involves validating the deceased’s will, if one exists, appointing an executor or administrator, identifying the deceased’s property, paying debts and taxes, and distributing the ...

  7. Administrator of an estate - Wikipedia

    en.wikipedia.org/wiki/Administrator_of_an_estate

    The administrator of an estate is a legal term referring to a person appointed by a court to administer the estate of a deceased person who left no will. [1] Where a person dies intestate, i.e., without a will, the court may appoint a person to settle their debts, pay any necessary taxes and funeral expenses, and distribute the remainder according to the procedure set down by law.

  8. How to calculate your home equity — and how much of it you ...

    www.aol.com/finance/calculate-home-equity...

    In this case, your home equity would be $190,000 — a 46 percent stake. Step 4: Calculate how much you can borrow. You can’t borrow the full amount of your home equity. Many lenders allow you ...

  9. Estate (law) - Wikipedia

    en.wikipedia.org/wiki/Estate_(law)

    However, some assets are recognized as exempt to allow a person significant resources to restart their financial life. In the United States, asset exemptions depend on various factors, including state and federal law. [2] [3] [4] The estate (or assets) of a bankrupt person is administered by a trustee in bankruptcy.