What Is Probate?

This page will provide a clear, comprehensive explanation of probate—the legal process used to validate a will, settle debts, and distribute a deceased person’s assets. Many heirs encounter probate for the first time when a loved one passes away, and the terminology, timelines, and court requirements can feel overwhelming. This guide will break down the process into simple, understandable steps.

The full guide will explain the major stages of probate, including filing the will, appointing an executor, inventorying assets, notifying creditors, resolving disputes, and distributing the estate. It will also highlight how probate differs from state to state, why some estates qualify for simplified procedures, and what factors can cause delays.

Another key focus will be the practical impact of probate on heirs. Even when an estate is straightforward, probate often takes months or longer, leaving heirs waiting for funds they may urgently need. The guide will explain how inheritance funding can help bridge the gap by providing early access to a portion of the inheritance without waiting for the estate to close.

While the full guide is being completed, you can explore our inheritance advances, review probate advances, or visit our inheritance funding knowledge base. To see whether your inheritance qualifies for funding, you can begin a confidential request on our apply page.