Probate Estate: Estate property that may be disposed of by a will. (See estate.) ...
probate estate see estate
take took takĀ-en takĀ-ing vt 1 a : to obtain control, custody, or possession of often by assertive or intentional means b : to seize or interfere with the use of (property) by governmental ...
Probate estate
Definition
: all of a deceased person's estate that is administered under the jurisdiction of the probate court ...
The elective share is usually calculated from assets beyond those in the probate estate alone, and the assets that are added together to make this calculation are referred to as an augmented estate. This calculation serves two functions.
The value of the advancement is included in the calculation of the net probate estate when the donor dies. Therefore, the advancement has the effect of reducing the share of the probate estate that the family member receives by intestate succession.
The court-supervised distribution of the probate estate of a deceased person. If there is a will that names an executor, that person manages the distribution. If not, the court appoints someone, who is generally known as the administrator.
Administration (Of An Estate) The court-supervised distribution of the probate estate of a deceased person. If there is a will that names an executor, that person manages the distribution.
AUGMENTED ESTATE : The probate estate of the decedent reduced by funeral and administration expenses, the homestead, family allowances, and exemptions, liens, mortgages, and enforceable claims.
Property that avoids probate is sometimes described as the nonprobate estate.
Nonprobate distribution may also occur if the deceased person leaves an invalid will.
Assets are shown in balance sheets of businesses and inventories of probate estates.
Personal Representative Person appointed by the court to administer the probate estate of deceased persons, ...
 See also: Probate, Estate, Law, Will, Person
  
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