It is necessary to probate the will when the decedent owns assets, whether personal or real estate, solely in his or her name (assets that do not have a joint owner with right of survivorship, beneficiary named, or payable upon death designee). Assets include:
- Life insurance policies
- Personal property such as bank accounts
- Retirement accounts
- Savings bonds
- Stocks
- Other types of valuable items including personal belongings and vehicles
There is no set time limit to which a will must be probated or estate administration must begin. It is recommended however that you begin the process within 30 days after the death of your loved one.