Are Expenses of Administration a Debt of the Estate?

A clause in my downloaded will states that all debts will be paid from the residuary estate. Do debts include ‘expenses’, i.e. expenses of administration?

Expenses of administration are considered a debt.

 

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All content is for informational purposes only. It is also only intended to relate to Mississippi Estate Planning Law.  If other states are mentioned, they are mentioned as an example only. No legal advice is provided in this content. Laws change so you need to check for any updates by current laws in Mississippi.