A probate property refers to assets that are owned by the deceased person. The probate properties can include real estate, personal jewelry, vehicles, furniture, etc. It may also include the bank accounts of the deceased person who was the sole operator of the bank account.
When a person passes away, there are still liabilities for example filing tax returns. The need to sell a probate property arises to fulfill the liabilities of a deceased person. The deceased hire a legal advisor who acts on the deceased behalf according to the will of the deceased after his death to proceed with the matters.
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