probate

probate

When a person dies somebody has to deal with their estate (money property and possessions left) by collecting in all the money, paying any debts and distributing what is left to those people entitled to it. Probate is the court's authority given to a person or people to administer a deceased person's estate, and the document issued by the Probate Service is called a Grant of Representation. This document is usually required by the asset holders as proof to show the correct person or people have the Probate Registry's authority to administer a deceased person's estate.

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Part of Speech: noun
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Industry/Domain: Legal services
Category: Wills & probate
Company: Purely Probate
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