Why Does Trust and Estate Administration Exist?
The short answer is because of conflicting claims! This typically arises with creditors, but also arises because of disputes as to how a person's assets will be distributed.
In essence, you cannot escape a creditor by dying. Your debts will ordinarily survive you, and the administration process is there to ensure that your affairs (i.e., debts) are settled.
Once your affairs have been settled and the other aspects of the administration have been completed, then the assets are distributed to your ultimate/intended beneficiaries.
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