9:17
im distracting myself by schizo-scrolling r/lawschoolamissions and every conceivable data point on this godforsaken website
Warning
Info
Warning
Info
LSDefine
Simple English definitions for legal terms
foreign administration
Read a random definition: Interstate Agreement on Detainers Act
A quick definition of foreign administration:
Foreign administration is when someone is appointed by a court to manage and distribute the property of a person who has died in a different state or country. This is also called ancillary administration. It is done to collect assets, pay debts, and distribute what remains to the rightful heirs. It is important to protect the local creditors of the deceased person by collecting and preserving local assets for their benefit.A more thorough explanation:
Foreign administration is a type of ancillary administration that is used when a person dies in one state or country, but they have assets in another state or country. The purpose of foreign administration is to collect and distribute the assets located in the other state or country. This process is also known as ancillary administration.
For example, if a person dies in California but owns property in New York, their estate may need to go through foreign administration in New York to distribute the property located there. This ensures that all of the person's assets are properly distributed according to their wishes or state laws.