Administration (of an estate)

{
  "id": "MLC-T-LAW-000375",
  "term": "Administration (of an estate)",
  "field": "Law",
  "definition": "The legal process of managing and distributing the assets of a deceased person's estate. This involves identifying and collecting assets, paying debts and taxes, and distributing the remaining property to heirs or beneficiaries according to a will or intestacy laws. The process is overseen by a court and typically involves an executor or administrator.",
  "url": "https://mlchart.com/terminology/law/administration-of-an-estate/"
}