administration of a deceased's estate
England, Wales
The period starting on the date of the deceased's death, and ending on the date the deceased's affairs are finalised by his or her personal representative. During the administration period, the personal representative gathers in all of the deceased's assets, pays all the debts of the estate (including any inheritance tax) and then distributes the estate in accordance with the deceased's will (or any deed of variation), or (if there is no will) in accordance with the intestacy rules.

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

Look at other dictionaries:

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