Tag: estate

Probate

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Probate is the legal process of transferring a person’s property to beneficiaries or heirs after death. The customs and laws concerning probate have changed significantly over time, but the intention remains the same: to identify, sort out, and distribute a deceased person’s property. To explore this concept, consider the following probate definition. Definition of Probate Noun The official proving of […]

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Executor

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An executor is an individual entrusted with the duties and responsibilities of taking care of a person’s earthly affairs after death. In simple terms, the term executor refers to the person named or nominated by an individual, called the “testator,” to carry out his or her wishes as stated in a will. An executor of an estate has many other […]

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