{"id":979,"date":"2021-10-28T07:15:00","date_gmt":"2021-10-28T11:15:00","guid":{"rendered":"https:\/\/www.actec.org\/?post_type=video&p=979"},"modified":"2023-11-13T08:52:31","modified_gmt":"2023-11-13T13:52:31","slug":"what-is-estate-administration","status":"publish","type":"video","link":"https:\/\/www.actec.org\/resource-center\/video\/what-is-estate-administration\/","title":{"rendered":"What is Estate Administration?"},"content":{"rendered":"\n
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Estate administration is the process by which an individual’s lifetime financial affairs are wound up, and their property and assets are distributed after they die. This process differs from state to state. The time it takes to administer the estate can vary based on whether the legal documents are in order, the value and extent of the assets in the estate, and the number of beneficiaries involved.<\/p>\n\n\n\n

ACTEC Fellows Carole M. Bass<\/a> and Ray Prather<\/a> answer many people’s questions surrounding estate administration, including what is involved in estate administration, how long it will take, and what happens if there is no will.<\/p>\n<\/div>\n\n\n\n

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Carole M. Bass<\/figcaption><\/figure>\n<\/div>\n\n\n\n
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Ray Prather<\/figcaption><\/figure>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Estate planning attorneys explain what is involved in estate administration, the duration, distributions of assets, and what happens if there is no 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