Related Definitions
What is a Probate Referee?
A court-appointed appraiser who reviews the inventory of an estate and appraises the value of estate assets.
A court-appointed professional tasked with appraising the assets of a deceased person’s estate during probate proceedings. The probate referee evaluates the value of real and personal property, ensuring accurate asset valuation for tax purposes and equitable distribution among heirs. Their assessments help determine the estate’s overall value, which can influence estate taxes and the distribution process, making them a critical component of the probate system.
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