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Is probate administration the same as estate administration?

On Behalf of | Sep 20, 2023 | Estate Planning

You may hear or read unfamiliar words and phrases when you enter the realm of estate law following the death of another. Although these terms may sound similar, they typically have entirely different meanings.

For example, the phrases probate administration and estate administration describe two distinct (but connected) processes, although they sound alike. Those involved with or impacted by the settling of an estate usually benefit from learning about their differences.

What is probate administration?

It is essentially the legal process of settling the estate left behind after a person dies in probate court. It involves gathering the assets belonging to the estate and paying any debts and taxes. Whatever remains after addressing liabilities is distributed to the heirs and beneficiaries named in the decedent’s estate planning documents.

Probate often occurs in estates with complex assets or property in other regions.

What is estate administration?

This term refers to the broader process of managing an estate overall. It includes all the tasks associated with probate administration and other obligations, such as:

  • Closing bank accounts
  • Canceling services (utilities, etc.)
  • Notifying interested parties (creditors, etc.)
  • Paying for funeral and burial services
  • Distributing the estate’s remaining assets

In other words, probate administration is a subset of estate administration. Probate can be avoided sometimes (through trusts, etc.), but estate administration is always necessary, regardless of the size or complexity of the estate.

Do you need legal help?

Guidance from someone familiar with the legal ins and outs of estate and probate administration in Nevada may offer many advantages during this time. A representative can ensure that both processes proceed without undue complications that could prolong probate or interfere with the speedy distribution of estate assets.