Probate is a process by which a person’s assets are transferred after death. Unless the assets are held in trust, jointly held, or otherwise fall outside of the probate estate, the assets a deceased person owned must go through probate. During probate, creditors are notified of the death so they can make claims, and interested parties including beneficiaries are also provided with appropriate notice. A determination is made on whether there is a valid will and, if so, assets transfer according to the instructions in the will. Find out more here about probate.