In this podcast episode, Gordon and Jenna discuss the probate process and when it is needed. They clarify that probate is required when someone dies with a will, and it allows the court to validate the will and grant legal authority to the executor to administer the estate. The hosts also explain the importance of having a lawyer in the probate process, particularly in assessing who is entitled to notice and reducing the risk of mistakes. Key Points:Probate confirms the validity of a will and grants legal authority to the executor to administer the estate.Probate may not be needed in all cases and is typically required to transfer land and manage financial assets of substantial amounts.Financial institutions are increasingly requiring probate, even for smaller accounts, as it is a risk mitigation strategy.The probate process usually takes 6 to 8 weeks when filing a paper application with the surrogate court.A lawyer can help in assessing who is entitled to notice and reducing the risk of mistakes in the probate processHosts:Jenna CarvalhoThe smartest way to choose an executor.Guardian Estate CompanyFacebookLinkedInInstagramGordon VanderLeekGive your family a legacy of protection - Wills, Estates and Trusts.VanderLeek LawFacebookLinkedInInstagram

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