Probate Law is a term for the collection of laws and rules applied to dealing with an estate after death. Probate law provides the framework of responsibilities, ensuring that the deceased assets are properly gathered in and valued, all debts owed at the time of death are settled (including any inheritance tax due), and to ensure that anything left is distributed according to the wishes of the deceased. Probate law enables the executor/administrator to act as the deceased’s formal representative. It also provides a mechanism for dealing with the interests of other parties who have claims against the estate and a legal process for resolving disputes over the will.
