Probate is the process by which a decendent's Will is offered to and accepted by the Court. Once the Will is proven to be a valid document, an Executor is appointed per the Will's instructions to begin the process of gathering the decedent's assets and distributing them according to his or her wishes.
Once the Executor has been appointed, the Executor is responsible for collecting and making an inventory of assets, notifying creditors, paying debts and taxes from the estate, and finally making distributions to the beneficiaries named in the Will.
If there is no will, then the decedent is considered to have died intestate. In this situtation a person will be appointed as the estate's personal representative, and the estate will be distributed according to Tennessee's intestacy laws.
When a person has a properly designed estate plan, the probate process is normally smooth and streamlined, but consultation with a knowledgeable attorney will help you determine if certain assets should be titled to pass outside of probate.
If you are a family member of someone who has passed away, contact JLCarey & Associates today at (615) 567-3471 to determine next steps in the Probate and Estate Administration process and manage your loved one's last wishes with ease and confidence.