Proration

noun

/proʊˈreɪʃən/

In a Nutshell

The proportional division of estate taxes, expenses, or assets among beneficiaries based on what each receives.

PLAIN ENGLISH

Proration means dividing up estate costs fairly based on what each person inherits. If you inherit 60% of an estate, you'd typically pay 60% of the estate taxes and expenses. It's about making sure everyone pays their fair share of the costs based on what they're receiving.

⏱ When you'll encounter this term

  • Distributing estate tax burden among beneficiaries
  • Calculating each beneficiary's net inheritance after expenses
  • Dealing with estate debts when assets are insufficient
  • Reviewing executor's final accounting of the estate
EXAMPLE

"The estate had $500,000 in assets and $50,000 in taxes and expenses. I inherited 40% and my sister got 60%, so through proration, I paid $20,000 of the costs and she paid $30,000, each proportional to what we received."

⚖️ Compare: Proration vs Equal Division

Proration

Costs divided proportionally based on what each beneficiary receives. Fair when inheritances are unequal—larger shares bear larger costs.

Equal Division

Costs split equally regardless of inheritance size. Can be unfair if one person inherits much more than others but pays same expenses.

💡 Did you know?

Wills can override proration and specify that one beneficiary pays all taxes or that taxes come from the residuary estate before distribution. Without such direction, most jurisdictions default to prorating taxes and expenses among all beneficiaries proportionally.