estate division
Splitting inherited assets
Estate division is the process of distributing a deceased person's property and assets among heirs or beneficiaries.
This typically occurs through probate court or according to the terms of a will or trust.
The process can be straightforward or contentious depending on family dynamics and the clarity of the deceased's wishes: The estate division dragged on for two years while the siblings fought over the house.
- intestacyEstateless death condition
- legal heirsThose entitled to inherit
- next of kinNearest living family members
- blood relativesFamily by birth
- probateWill validation proceedings
fair share · splitting assets · partition · inheritance law · co-ownership · undivided interest · heirship · per stirpes · executor · family conflict · fiduciary duty · liquidation · forced sale · shares · family home · real property · deed · beneficiary