estate of deceased person

estate of deceased person
Broadly speaking, such an estate may be deemed to exist only from the death of the decedent until it is finally wound up by an order of the court having jurisdiction of it. After the property of the decedent's estate has been paid out or otherwise distributed to those entitled thereto in accordance with the court's orders, and thereupon the estate has been declared closed, it can no longer be said to exist. State ex rel. Petters & Co. v District Court, 76 Mont 143, 245 P 529. See administration; administrator; descent; executor; heirs, probate; residuary estate.

Ballentine's law dictionary. . 1998.

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