Estate – lawyer helps with estate administration and management
An estate is the deceased's remaining property – assets and debts – that transfers to the heirs. Estate administration and distribution can be complex, especially if there are multiple heirs or the property is extensive. Lakiasiaintoimisto A&Co. Legal Oy helps with estate administration, division and distribution. Our lawyers ensure the estate is handled correctly and on time.
What does an estate mean?
An estate is the deceased's remaining property: all the deceased's assets and debts at the time of death. The estate transfers to the heirs, but it is not yet distributed – the heirs manage the estate together until the distribution is made. Estate administration involves taking care of the property, paying debts and handling other obligations. A division between the surviving spouse and heirs is often necessary before estate distribution.
Estate administration and management
Estate administration involves taking care of the property – homes, accounts, investments, businesses – and paying the deceased's debts. The heirs are jointly responsible for estate administration. If there are multiple heirs or they live in different cities or countries, administration can be challenging. A lawyer helps with organizing administration and communication between heirs.
Estate distributor – when is one needed?
An estate distributor is a court-appointed person who manages the estate if the heirs cannot reach an agreement or if the court considers it necessary. An estate distributor can be appointed if the heirs disagree on distribution, if the estate is bankrupt or if the court otherwise considers it necessary. A lawyer helps with applying for an estate distributor and can act as one if needed.
Estate division and distribution
In estate distribution, the heirs receive their shares. If the surviving spouse is alive, a division must be made before the estate distribution. In the division, the distribution is between the surviving spouse and heirs. In the estate distribution, the heirs receive their shares. A lawyer assists with both division and estate distribution and drafts the necessary agreements. Read more about estate distribution on our separate page.
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Need help with estate administration?
Book an appointment with a lawyer or submit a request online. We help with estate administration, division and distribution.