Probate administration is the method in which the deceased assets are overseen and allocated in accordance with estate planning documentation like a will, and state statutes. By the conclusion of the probate process, liabilities and taxes need to be paid-out, and all assets need to be allocated to the new owners. This process from start to finish may take as little as a couple of weeks or up to several years, depending on how complex the estate is and the challenges that arise. Nevertheless, most estates are probated inside of a year with nominal court involvement.<\/p>\n