Preliminary Distribution

Preliminary distribution refers to a procedure during the Probate process that allows for the distribution of some Assets from a deceased person's Estate before all Debts and taxes have been resolved.

During probate, estate assets are not allowed to be distributed until the deceased's debts have been paid in full, but preliminary distribution helps to provide Heirs and Beneficiaries financial support or access to assets sooner if they need it.

For example, preliminary distribution can be used to help maintain the value of a property that could decease over time if not maintained, pay for school tuition, or on-going daily expenses.

The specific rules, procedures, and limitations regarding preliminary distribution vary by state and a Probate Attorney is typically hired to help manage the process.

Also known as Early Beneficiary Distribution.