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Do You Have a Debt Certificate?
If a person has died and he is the sole holder of that account, you can't operate that account. A succession certificate will only happen in the absence of a will. There are probate fees also that apply, typically a small percentage point, five % of the total assets with an upper limit. In some cases, like in delly, you don't even need to probate ill. The will itself is enough. So, but the probate of a will is simply that we go to court and say, this is the legal will, and according to the will, the assets must be segregated Like this,. These are the assets to which the Probate of the will applies.