REASONS FOR PROBATE
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The necessity of probate depends on the type, ownership, and value of the deceased's assets. Probate may be required when:
The deceased held assets solely in their name.
Certain accounts or properties lack a designated beneficiary or joint owner.
An asset or payment is due to the deceased.
Assets solely owned by, or owed to, the deceased are valued at $50,000 or more.
Authority is required to manage or distribute the estate.
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To legally transfer ownership of assets titled solely in the deceased person's name.
To settle debts and taxes owed by the deceased from their individual assets.
To ensure proper distribution of assets according to the will or intestacy laws.
To provide legal authority for an executor or administrator to manage the estate.