net probate estate
A net probate estate is the entirety of a decedent’s estate that goes through administration by a probate court. It excludes will substitutes.
See also: net estate, probate estate and gross estate.
[Last reviewed in July of 2023 by the Wex Definitions Team]
Keywords
Wex
- PROPERTY
- trusts
- inheritances & estates
- wex definitions
- property law
- money and financial problems