Why does an estate "break up"?

Question

Quizplus · Accepted Answer

All of these factors can contribute to the breaking up of an estate. Death-related costs such as funeral expenses and taxes can deplete the assets of the estate. Inflation can decrease the value of the assets over time. Improper use of vehicles of transfer such as not updating beneficiaries or using joint tenancy with the wrong people can lead to disputes and legal battles. Lack of liquidity can cause the estate to have to sell assets quickly, often for less than their true value, to cover debts or expenses.

Why Does an Estate "Break Up