What is the purpose of probate?
A) Account for all assets that exist
B) Distribute all assets correctly
C) All of these
D) Satisfy the decedent's debts
Answer (2)
The purpose of probate is to manage a deceased person's estate by accounting for all assets, distributing them correctly, and satisfying any debts. Therefore, the correct answer is C) All of these, as each aspect is vital to the probate process. Probate ensures that everything is handled according to the law and the decedent's wishes.
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The purpose of probate is to account for the decedent's assets, distribute them correctly, and satisfy any outstanding debts. Thus, all mentioned duties are essential to the probate process, making the correct answer OC) All of these. Probate ensures that the estate is handled according to the law and the decedent's wishes. ;
