Glossary of Legal Terms used with Estate Planning
Estate Planning Glossary | Chuck Roulet, Attorney at Law
Creating an estate plan often feels like navigating through a maze of complex terminology. Understanding the key terms is essential to ensure the effective ...
Estate Planning Glossary - Bress Law Firm, PLLC
WILL: A legal instrument expressing a person's intent regarding the disposition of their property after their death. WILL SUBSTITUTE: A Will ...
Estate Planning 101 - Glossary of Key Terms - Legacy Law Firm
Don't Speak Lawyer? Here is Your Plain-English Guide to Estate Planning Terms · Administrator/Administratrix. The person named by the court to ...
Estate Planning Glossary | Tseng Law Firm
Tired of the legalese that makes estate planning difficult? Use Tseng Law Firm's Estate Planning Glossary to become fluent in the language of wills and ...
Glossary of Estate Planning & Probate Legal Terms
Testator • One who makes or has made a testament or Will; one who dies leaving a Will. Trust • A right of property, real or personal, held by one party for the ...
Estate Planning - Foster Krueger APC
Common definitions of our most frequently used estate-planning-related legal terms offered in plain English.
Glossary of Estate Planning Terms - Handler & Levine, LLC
Glossary of Estate Planning Terms · Agent (Power of Attorney). · Beneficiary. · Beneficiary Designations. · Charitable Trust. · Commissioner of Accounts · Decedent ...
Glossary of Legal Terms - Law Office of Inna Fershteyn
Trust - A financial relationship existing between three people: the “trustor/grantor” , the “trustee”, and the “beneficiary.”
Glossary of Estate Planning Terms | Gilfix & La Poll Associates
Irrevocable Life Insurance Trust (ILIT) - A type of irrevocable trust used to hold life insurance. When a life insurance policy is held in an insurance trust, ...
Wills, Trusts, Estate Planning Lawyer Attorneys, Yu and Yu Law ...
Glossary of Common Terms and Phrases for: Estate Planning ... used for the benefit of trust beneficiaries according to the trust's terms. Probate The ...
Glossary of Estate Planning Terms - Fenelli Law Firm
Glossary of Estate Planning Terms · Will – a written document specifying a person's wishes concerning his or her property distribution upon his or her death.
Estate Planning – Famiy Law – Glossary Terms & Definitions
Beneficiary A person you choose to receive your assets by naming them in a Will, Trust, or as a pay-on-death or transfer-on-death beneficiary on a financial ...
Glossary of Estate Planning & Elder Law Terms
Living Trust: A trust created during an individual's lifetime that can be used to manage assets and avoid probate. Living Will: A legal document in which an ...
Estate Planning Glossary - Von Rock Law
Estate Planning Glossary · Administrator. California Courts explain that an administrator is the person the court appoints to manage a person's ...
Glossary of Estate Planning Terms - Gary L. Davis Law
Any person or entity (like a charity) who is to receive assets or profits from an estate, a trust, an insurance policy or any instrument in which there is ...
Top 15 Estate Planning Terms to Know - Trust & Will
Probate - Probate is the legal process of validating a Will, paying off any debts an estate has, and distributing remaining property to named beneficiaries. The ...
Trusts, Estates, and Surrogate's Court Legal Glossary
Legal terms used in Surrogate's Court, defined in plain English. Administrator. The court appointed representative of an estate where the decedent died with ...
Estate plan glossary: 10 estate planning definitions to know
Will? Living will? Revocable living trust? Learn the definition of these and other important terms in our glossary of important estate ...
Glossary - Tarta Law - Comprehensive Estate Planning
This word has a number of meanings depending on the context in which it is used. For federal estate tax purposes, it refers to all of a deceased person's assets ...
Understanding Estate Planning Terminology
A good starting point for understanding estate planning terminology in context is knowing what “estate plan” and “estate planning” mean. Your ...