Local Real Estate Networking
Market News & Data
General Info
Real Estate Strategies
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/hospitable-deef083b895516ce26951b0ca48cf8f170861d742d4a4cb6cf5d19396b5eaac6.png)
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/equity_trust-2bcce80d03411a9e99a3cbcf4201c034562e18a3fc6eecd3fd22ecd5350c3aa5.avif)
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/equity_1031_exchange-96bbcda3f8ad2d724c0ac759709c7e295979badd52e428240d6eaad5c8eff385.avif)
Real Estate Classifieds
Reviews & Feedback
Updated over 6 years ago on . Most recent reply
![Sean Beksinski's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1117116/1657655543-avatar-seanb177.jpg?twic=v1/output=image/crop=1080x1080@0x267/cover=128x128&v=2)
What is a probate ?
Most Popular Reply
![Mark Pedroza's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/100983/1621417077-avatar-tiotony.jpg?twic=v1/output=image/cover=128x128&v=2)
- Real Estate Agent
- Sacramento/Placer ~ San Francisco Bay Area counties
- 741
- Votes |
- 1,578
- Posts
Probate (the legal term for gathering the assets of a deceased person to pay his/her debts and distributing the balance to the beneficiaries) is a court-supervised process which can span from several months to several years, depending on the complexity of the case.
Most probates close in less than 2 years but almost all probates complete 3 phases.
Appointment ~ court appoints an estate representative "Administrator" (no will) or "Executor" (will).
Administration ~ The estate representative or PR ~ resolves all claims and debts against the estate.
And Closing (In CA ~ Final Distribution) ~ The estate representative ~ Prepares final report and accounting for submission to court and beneficiaries for approval.