The Process In Which A Decedent's Personal Representative Settles The Affairs Of The Decedent's Estate (Collects Assets - Pays Debts And Taxes - And Distributes The Remaining Assets To Heirs); The Process Is Usually Overseen By A Probate Court.

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1. The Process In Which A Decedent's Personal Representative Settles The Affairs Of The Decedent's Estate (Collects Assets - Pays Debts And Taxes - And Distributes The Remaining Assets To Heirs); The Process Is Usually Overseen By A Probate Court.