Estate Division

/ɪˈsteɪt dɪˈvɪʒən/

Definitions

  1. (n.) The legal process of distributing a deceased person's property among heirs or beneficiaries.
    The estate division was finalized according to the will's instructions.

Commentary

Estate division typically occurs after probate and involves allocating assets in accordance with the decedent's will or intestacy laws.

This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.

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