What is the definition of "estate management?"?

Answer

Estate management is the practice of overseeing the financial interests of a living person or the last wills and testaments of a deceased person. These financial interests might include educational trusts, business mergers, and property maintenance and development.

An estate manager for a living person usually has several responsibilities within her job title that vary upon the request of her employer. For example, she might start her day looking over her employer's stock portfolio, spend the midday speaking with her employer about his future property acquisition plans and end the work day meeting with bankers to set up educational funds for her employer's children. It is important to note that she might also be called upon to make travel arrangements, oversee her employer's home renovations projects and drop everything at a moment's notice to plan a last-minute party.

An estate manager for a deceased person is usually kept on retainer until the death of the client. Upon his demise, the estate manager generally contacts the family members and work associates and ensures that the deceased's funeral wishes are fulfilled. Then, the estate manager works with the deceased's lawyers to make sure that his property, money and other types of assets are divided up in strict accordance with his will.

Q&A Related to "What is the definition of "estate management..."
What is definition of time management, and why does it matter? Does it seem that your life is running faster and faster? Are responsibilities at work, school or home driving you to
http://www.life123.com/career-money/freelancing/ti...
Estate planning is necessary so that your wishes concerning your financial affairs are executed properly upon your death or incapacity. Without it, your heirs may not receive your
http://www.ehow.com/about_5139296_estate-managemen...
Property management is the operation of commercial, industrial and/or residential real estate. This is much akin to the role of management in any business.
http://wiki.answers.com/Q/What_is_estate_managemen...
The best managers are the passionate ones. They want to accomplish ... You must be signed in to read this answer. Sign In with FacebookConnected to FacebookSign In with TwitterConnected
http://www.quora.com/People-Management/What-is-the...
Explore this Topic
One definition of solid waste management is the process by which waste materials are removed by the surrounding environment. Solid water management is the process ...
Sales force management is an information systems that is used in customer relations management. It is an integrated approach to sales management that has a direct ...
A Procurement Management Process is a technique by which items are procured from external suppliers. The procurement management process includes managing the ordering ...
About -  Privacy -  Careers -  Ask Blog -  Mobile -  Help -  Feedback  -  Sitemap  © 2014 Ask.com