Business Terms and Jargon Explained

What is Probate

This is proving legally that a document is valid. This word is used mostly concerning Last will and testaments. If an executor is granted probate, this means that the executor has been told officially that the will is valid.

A probate court is a court that examines wills to see if they are valid.

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Term created / updated 2014-03-18 16:53:31

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