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Executry administration meaning

What does Executry administration mean?
Executry administration is the practical process of identifying, collecting and valuing a deceased person’s estate, paying debts, liabilities and any applicable inheritance or succession taxes, and distributing the balance to beneficiaries under a will or on intestacy. It includes obtaining authority to act (a court grant), protecting the personal representatives, and preparing estate accounts. Usage varies by jurisdiction. In Scotland, “executry” is the standard term for a deceased estate and its administration: an executor is appointed, confirmation is obtained, and the estate is ingathered and distributed in accordance with Scots succession law. In England & Wales and Northern Ireland, practitioners more commonly speak of “probate” or “administration of estates”: authority is obtained by a grant of probate (will) or letters of administration (intestacy). In Ireland, the equivalent process is likewise termed probate or administration. The expression “executry administration” is a practitioner description rather than a term generally defined in legislation or case law; the process is governed by succession and probate statutes, tax legislation and court rules. Key features include fiduciary duties on personal representatives, priority of debts, verification of title, and compliance with time limits and reporting requirements.
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