Administration Of An Estate

Business, Legal & Accounting Glossary

Definition: Administration Of An Estate


Administration Of An Estate

Quick Summary of Administration Of An Estate


The management and settlement of an estate left by a person who did lot leave a will or an executor of estate.




What is the dictionary definition of Administration Of An Estate?

Dictionary Definition


The court-supervised distribution of the probate estate of a deceased person. If there is a will that names an executor, that person manages the distribution. If not, the court appoints someone, who is generally known as the administrator. In some states, the person is called the “personal representative” in either instance.


Related Phrases


Administrator
Probate court
Special administrator
Executrix
Nonprobate


Cite Term


To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/administration-of-an-estate/
Modern Language Association (MLA):
Administration Of An Estate. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
December 08, 2022 https://payrollheaven.com/define/administration-of-an-estate/.
Chicago Manual of Style (CMS):
Administration Of An Estate. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/administration-of-an-estate/ (accessed: December 08, 2022).
American Psychological Association (APA):
Administration Of An Estate. PayrollHeaven.com. Retrieved December 08, 2022
, from PayrollHeaven.com website: https://payrollheaven.com/define/administration-of-an-estate/

Definition Sources


Definitions for Administration Of An Estate are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 26th November, 2021 | 0 Views.