A probated will holds great importance as it legally recognizes the executor as the person responsible for carrying out the directions stated in the will. The probate process is the first and most crucial step in resolving claims and distributing the assets of the deceased. It ensures that all legal and financial matters are properly addressed before the estate is settled.

However, in some cases, a will or testament may not have been executed. When this happens, the estate or funds of the deceased may remain undistributed and eventually turn into unclaimed property, requiring additional legal procedures to recover them.