Back to Glossary
Estate Settlement
The legal process of managing a deceased person's belongings, ensuring that all Debt is paid, and all Assets are given to appropriate Heirs and Beneficiaries.
Tthe person who manages this process is known as the Executor of Estate, or Administrator, and works with a state government's Probate process to finalize.
Tthe person who manages this process is known as the Executor of Estate, or Administrator, and works with a state government's Probate process to finalize.