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LSDefine

Simple English definitions for legal terms

administration expense

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A quick definition of administration expense:

Administration expense: An expense that an administrator incurs while managing and distributing an estate. These expenses are necessary and can be deducted from taxes, even if they haven't been paid yet.

A more thorough explanation:

Definition: An administration expense is a necessary cost incurred by an administrator in managing and distributing an estate. These expenses are tax-deductible, even if they have not been paid by the time the tax return is filed.

Example: Some examples of administration expenses include legal fees, accounting fees, and appraisal fees. For instance, if an estate administrator hires a lawyer to help with the distribution of assets, the cost of the lawyer's services would be considered an administration expense.

Explanation: When someone passes away, their assets and property must be distributed to their heirs or beneficiaries. An administrator is appointed to manage this process, and they may need to hire professionals to help them. These professionals may include lawyers, accountants, and appraisers, and their fees are considered administration expenses. These expenses are necessary to ensure that the estate is distributed fairly and according to the deceased person's wishes.

administration | Administration for Children and Families

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THATS SO FUNNY
i cant i would go crazy
JumpySubsequentDolphin
20:50
i need to know who decided to do that.
JumpySubsequentDolphin
20:50
omg im on a plane weeeee
the devil
youre on a plane??? LSD made the mile high club??
20:50
yo splitterus are you in school already
20:50
it says ur c/o 2027
JumpySubsequentDolphin
20:51
@SplitterusClitterus: HAHAH yes
ur user is hilarioussss and no i just graduated this may and am now applying ---also im out of messages so ill take a lil
20:52
roger dat. see u in heck
im back, r u applying this cycle too
JumpySubsequentDolphin
21:32
this child fell asleep on me
JumpySubsequentDolphin
21:32
im so uncomfortable
just push him off the entire seat
JumpySubsequentDolphin
21:34
LMAOOOO
JumpySubsequentDolphin
21:35
no he’s literally like 8 and he fully just put his head on my bicep and slept
JumpySubsequentDolphin
21:35
he has since moved
22:12
@SplitterusClitterus: me yesterday
gulc baby pls text me back... i miss you ...... :(
22:23
i just went into a discord vc and yelled "YALL I JUST GOT INTO J.M. SCHOOL OF LAW"
22:24
people were getting excited :sob:
22:25
then someone was like "what does jm stand for" and i was like .. well
AHHAHAHAHAHAHHAHAHAHAHAHAH
@JumpySubsequentDolphin: wait this is so cute, also where r u going
JOE MBIDEN
JumpySubsequentDolphin
22:39
@splitty Oregon!
oh yay for what thats so random
JumpySubsequentDolphin
22:45
haha my brother and sister in law live there
so cutie oregon is beatiful
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