What is the process for distributing assets after someone dies ?
The process for distributing assets after someone dies is known as probate. It involves filing the will, notifying beneficiaries and heirs, inventorying assets, paying off debts and taxes, and then distributing the remaining assets according to the terms of the will or state law if there is no will. The executor or administrator is responsible for managing the deceased person's estate and all potential beneficiaries and heirs must be notified of their rights and responsibilities.