The will's executor then works with the probate court to distribute the estate according to the deceased's wishes and state law. Before friends and family members receive their inheritance, the executor must use proceeds from the estate to pay off any outstanding debts the deceased left behind.
Glossary of economics terms and concepts. Meaning and definition of special-interest effect. Any result of government promotion of the interests (goals) of a small group at the expense of a much larger group. For the term special-interest effect may also exist other definitions and meanings, the meaning and definition indicated above are indicative not be used for medical and legal or special purposes.
Adverse Interest. Adverse Interest. A right or concern that's contrary to the interest or claim of another. An adverse interest in real property is a claim against the property, such as an easement.