What is the process called for establishing the validity of a will?

What is the process called for establishing the validity of a will?

• A. Trustee Review
• B. Probate
• C. Trust Establishment
• D. Asset Distribution

Answer: (B)

The process of establishing the validity of a will is known as probate. During probate, the will is reviewed by a court to ensure it is legitimate and compliant with legal standards. This process includes verifying the testator's (the person who created the will) identity, ensuring that the will was created following the required laws, and confirming that it expresses the valid intentions of the testator regarding the distribution of assets upon their death. Additionally, probate can involve appointing an executor who will be responsible for administering the estate according to the will's terms. In this context, the other choices do not accurately define the process for validating a will. Trustee review pertains to evaluating a trust and ensuring that the trustee is fulfilling their responsibilities. Trust establishment refers to creating a legal arrangement into which assets are placed to benefit the beneficiaries, while asset distribution deals with how assets are allocated after a will is validated or a trust is executed. These processes may be related to estate management but do not specifically address the validation of a will itself.

The process of establishing the validity of a will is known as probate. During probate, the will is reviewed by a court to ensure it is legitimate and compliant with legal standards. This process includes verifying the testator's (the person who created the will) identity, ensuring that the will was created following the required laws, and confirming that it expresses the valid intentions of the testator regarding the distribution of assets upon their death. Additionally, probate can involve appointing an executor who will be responsible for administering the estate according to the will's terms.

In this context, the other choices do not accurately define the process for validating a will. Trustee review pertains to evaluating a trust and ensuring that the trustee is fulfilling their responsibilities. Trust establishment refers to creating a legal arrangement into which assets are placed to benefit the beneficiaries, while asset distribution deals with how assets are allocated after a will is validated or a trust is executed. These processes may be related to estate management but do not specifically address the validation of a will itself.