Probate, elective, and gross estates

Question 1

Probate Estate

Answer 1

a state law concept referring to property that is subject to administration

Question 2

What does probate generally consist of?

Answer 2

1. Property owned solely by the decedent
2. The interest a decedent owns as a tenant in common
3. A vested remainder owned by the decedent

Question 3

Who has jurisdiction over real property?

Answer 3

Real property is subject to probate in the jurisdiction in which it is located

Question 4

Who has jurisdiction over tangible and intangible property?

Answer 4

Generally, tangible and intangible property is subject to probate in the jurisdiction in which the decedent is domiciled at death