Glossary    D    Disbursement


Disbursement is the act of giving out funds to the appropriate parties after a trust is completed. If you need assistance with your estate matters contact us today.

Disbursement (verb): The act of disbursing funds to parties owed. This can include distribution to Creditors, Beneficiaries, Trusts, and Probate Estates. Executors, Trustees, or Administrators are usually the ones who distribute according to a Will, Trust, or Intestate laws.

Words commonly used with this term include:

  • Will
  • Trust
  • Estate
  • Probate
  • Intestate

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