Scenario 67: What is 'probate' in the context of estate administration?

Question: Scenario 67: What is 'probate' in the context of estate administration?

Answer options:

• The process of drafting a will. ✅ The legal process of validating a will and confirming the executor's authority.
• The act of distributing assets to beneficiaries without a will.
• A tax levied on inherited assets.

Correct answer: The legal process of validating a will and confirming the executor's authority.

Explanation: Probate is the legal process that officially proves the validity of a will and grants the executor the legal authority to administer the deceased's estate. The correct answer is "The legal process of validating a will and confirming the executor's authority.". This capacity-fill scenario 67 reinforces the same competency for the cfp bank and follows the certified explanation standard.