If the estate includes any assets that are in your father's name alone then his estate will need to be probated. If that is the case, you and your mother should arrange a consultation with an attorney who specializes in probate who can review the situation and explain your options.
In short, yes, it is a good thing to probate an estate. It closes everything out and finalizes the debts and assets.
Probate assets are part of a deceased person's estate that go through the probate process, while non-probate assets pass directly to beneficiaries outside of probate. Probate assets include property solely owned by the deceased, while non-probate assets include assets with designated beneficiaries or joint ownership.
That is the purpose of going into probate. It allows assets to be legally transferred.
In the state of Florida if you do not have a will and you die, your estate will enter probate. The procedures for this action are a petition, notice, appointment of an executor, oath, and court reports.
No, an executor of a will cannot distribute assets before probate is completed.
Property in probate is maintained by other assets in the estate or by the heirs if they want to keep the property when there are no other assets that can be used for maintenance.Property in probate is maintained by other assets in the estate or by the heirs if they want to keep the property when there are no other assets that can be used for maintenance.Property in probate is maintained by other assets in the estate or by the heirs if they want to keep the property when there are no other assets that can be used for maintenance.Property in probate is maintained by other assets in the estate or by the heirs if they want to keep the property when there are no other assets that can be used for maintenance.
Not necessarily, it depends on the deceased persons assets. Did they have individually owned assets? If everything is jointly owned or under £5k there is not normally a requirement to send a will to probate.
Everything in the possession or owned by the deceased. It can also include anything given away within two years.
No, it is not generally necessary.
No. A Will only goes into probate once the principal (the one who created the Will) has passed away. The Executor or the person in-charge of the principal's assets, would be the one to present the Will to court for probate. Even if there is no Will, the deceased person's assets will still need to undergo probate for the state to determine where and to whom his assets will go to.
Yes, they are assets of the estate. As such they are subject to probate and appropriate taxes.
They can obtain the accounting of the estate provided to the probate court. In the US under the Freedom of Information Act it would be a public record.