When someone dies, their assets must go through a succession. The probate process includes collecting the decedent’s assets, paying the necessary obligations and taxes, and administering the property to the heirs according to the will.
Will of the deceased’s testament
During this process, the authenticity of the deceased’s will will be proven in a court of law. The will of a deceased must be probated shortly after his death. No one has the right to retain it at all costs.
The attorney for the deceased or the person who has the diminished will must present it immediately or within the specified time. There are penalties for destroying or concealing the will.
Succession procedures
The procedure begins only when there is participation of an official executor. If you are familiar with the different types of laws involved, you can apply to be the executor on behalf of friends or family.
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The first thing to do here is submit a formal application. Applications must be filed in the local court of the same country where the deceased lived the last days of his life. In addition to submitting parole documents, you must also submit the original death certificate of the deceased.
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After filing the documents in court, the next step is to inform the creditors of the deceased. You can advertise probate in the newspapers or other local media.
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You can inform the deceased’s heirs and beneficiaries about the probate process by sending the court notice to their respective postal address or by emailing it. You will need to document all notices sent to the successors in line and submit them to the court before the probate process begins.
You can complete all procedures within nine months, which is after your client’s date of death. There are many benefits to informing your client in advance about what will happen to their possessions after death.
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The distribution of the property among the beneficiaries will take place only after the debts incurred by the sick from different sources have been settled.
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The entire process will be completed with the transfer of the deceased’s possessions to the rightful beneficiaries.
The inheritance money will be given to the next successor in line in many ways, such as funeral expenses, debts and taxes, family allowances, estate administration expenses, etc.
