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InvestHub.com's
Finance Dictionary and Glossary of Investment Terms

probate  

Definition 1.

Definition 1
 

Definition 2.

The court process in which a deceased person’s estate is administered, whether the person died with a will or not. The process includes the appointment of a representative, notice to creditors, inventorying the estate, and distributing the estate according to the deceased person’s will or according to the law if there is no will.
 
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