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Probate sounds like a complex and expensive process. However, probate is actually a very common legal procedure and is the way that some assets must be formally passed from the person who is deceased to his or her heirs or beneficiaries. Whether probate is needed depends on the type of property, how it is owned, and what the state laws are.<br><br>What is Probate?<br>Probate is a procedure through which assets are legally passed. For very large estates, the probate process can be a complex procedure.<br>When Does Probate Apply?<br><br>Most people think of probate as involving a will. If a person dies and leaves
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