« Back to Glossary Index

The process during which the executor or personal representative collects the decedent’s assets, pays all debts and claims, and distributes the residue of the estate according to the will or the state law intestacy rules (when there is no will).

Administration (Wikipedia)

Administration may refer to:

Administration (Wiktionary)

English

Etymology

From Middle English administracioun, from Old French administration, from Latin administratio, from administrare; see administer; compare French administration.

... Read More
« Back to Glossary Index