1555 Palm Beach Lakes Blvd Suite 1410

West Palm Beach, FL 33401

24/7 Customer Support

What Is a Testate? Definition, Uses and Importance.

Jump To Section

Copy the following HTML iframe code to your website:

Share This

Testate means having a legal will. For a will to be legal and valid it must be written and notarized. The will should fully cover the details of your estate and distribution to beneficiaries after death. The person acting as a witness for this legal contract is also an important factor in its validity- make sure you choose someone who can legally act as a testamentary executor or trustee if necessary. If there is no witness and notary, then the will can be disputed and termed intestate.

Testate is different then intestate

“Testate” means that a legal will exists for an estate at the time when the estate owner passes away. While “intestate” means there is no valid will. When someone passes away without a will it is intestate.

Testate and Intestate can both go through probate

If you want your estate to avoid probate testate and intestate is not the most important thing. Making sure that all of your assets have a beneficiary or pass-through right of survivorship with a clear designation for who the assets will pass to after you die is what allows an estate to avoid probate.

« Back to Glossary Index
Search for more common probate terms
Search

Get Your Inheritance Money Now!

Our Inheritance Cash Advances help heirs receive a portion of their inheritance payout in just a few days. We then wait and are paid directly out of your share when the estate finally closes. We wait for probate so that you don’t have to. Click below and fill out our short form to receive an advance immediately.

Probate Costs
Play Video

If you are an Heir or Executor to an Estate, You Don’t Have To Wait For Probate!

Inheritance advanced Logo
comodoCreated with Sketch.
employee_ownedCreated with Sketch.
bbbCreated with Sketch.
customer_satisfactionCreated with Sketch.

Inheritance Advanced is an inheritance funding company, not a lender. We offer Inheritance Cash Advances which are a new and innovative option for heirs to receive the immediate cash they need during challenging times. This program allows an heir the benefit of receiving immediate money, in exchange for their future inheritance.

Inheritance advances are a way for heirs to receive immediate funds without providing credit or employment verification and they don’t require collateral. You also will not be responsible for high monthly interest payments like probate loans or inheritance loans.