Step by step process to obtain Probate Certificate In Yerwada Pune
         
        
           
                   
        
          
        
         
        Legal process by which the assets of a deceased are properly distributed to the beneficiaries or heirs through an executor named in the will, or (if he or she died without a will) according to the local law by a court appointed administrator.
    
        If there was no will, probate is necessary. Probate helps to determine the beneficiaries and to distribute the decedent’s assets and title to property.
    
        Probate includes:
    
        ·         Demonstrating in court that a perished individual's will is legitimate (generally a normal issue) 
    
    
        ·         Recognizing and reviewing the expired individual's property 
    
    
        ·         Having the property assessed 
    
    
        ·         Making good on obligations and charges, and 
    
    
        ·         Disseminating the rest of the property as the will (or state law, if there's no will) coordinates.
    
         
    
        Probate Process:
    
        Step 1: Prepare and file "petition for probate" by:
    
        ·         Proving the validity of a will
    
        ·         Choosing an estate administrator, executor, or representative
    
        ·         Identifying all heirs and other relatives
    
         
    
        Step 2: Court hearing on petition for probate
    
        Step 3: Issue the following documents, if applicable:
    
        ·         Letters of administration
    
        ·         Letters testamentary
    
        ·         Orders for probate, duties and liabilities
    
         
    
        Step 4: Issue probate bond (if ordered)
    
        Step 5: Notice to creditors
    
        Step 6: Notice to Department of Health Services (if the decedent received medical benefits)
    
        Step 7: Estate inventory and appraisal to calculate the estate's value
    
        Step 8: Pay bills and taxes:
    
        ·         All applicable taxes, state and/or federal
    
        ·         Estate administration costs
    
        ·         Family allowances
    
         
    
        Step 9: Accept or deny creditor claims
    
        Step 10: Notice to franchise tax board (if the heir is an out-of-state resident)
    
        Step 11: Tax clearance letters
    
        Step 12: File petition for final distribution and accounting
    
        Step 13: Hearing on petition for final distribution and accounting
    
        Step 14: Order approving final distribution and accounting
    
        Step 15: Distribution of assets to heirs
    
        Step 16: Final discharge order
    
        Step 17: Final distribution of estate funds, concluding probate
    
         
    
        Documents Required For Probate:
    
        ·       A copy of the will, if there was one created.
    
        ·       The municipal death certificate of the testator.
    
        ·       A letter stating that the testator was off sound mind, when he or she made the will.
    
        ·       Proof that the will has been executed by the testator.