Which of the following is not a true statement regarding the probate process?

Probate is a court supervised process of transferring a decedent's wealth.

This process is not intended to provide protection from fraud against decedent's estate.

This process insures that all decedent's legal obligations are satisfied before distributing assets to the heirs.

The probate process usuall takes more time and money than the process to administrer a trust estate.

An ancillary probate may need to be opened for real estate owned by decedent and located in a state other than the decedent's resident state.