Intestate Estate
Intestate
What is dying without a valid will?
Testate Estate
What is the Formal Administration of a persons will?
Pleadings
Will
What is the legally enforceable written declaration of a person's intended distribution of property after death?
Codicil
What is a written amendment or modification to a will?
Lineal beneficiary
What are relatives that are as close as possible to your blood line?
Payable on Death Account
What is an account payable on death to a named beneficiary?
What is the initial form filed to open and Estate?
Testator/Testatrix
What is a man or woman who makes a valid will?
Trustee
What is a fiduciary who holds legal time to trust property from the benefit of the beneficiaries?
First in line to receive assets?
What is your spouse?
Elective Share
What is a spouses right to claim under a will or under laws of intestacy a portion of the estate?
Final Accounting
What is the accounting submitted to the Court to show where the money went?
Beneficiary
What is a person entitled to receive property under a will?
Self proving affidavit
What is a clause at conclusion of a will which contains acknowledgment or affidavit of witnesses?
Escheat
What is if there are no heirs, the intestate estate passes to the state under the doctrine of escheat?
Homestead exemption
What is the exemption that allows the family residence to pass to a family member without loosing homestead tax exemption?
Letters of Administration
Residuary Clause
What is a clause in a will that addresses that assets not specifically stated for distribution?
Legal Capacity
What is age at which a person acquires capacity to make a will?
Intestate succession laws
What are laws that govern the distribution of property when a person dies without a valid will?
Personal Representative
What is the person nominated under the will to administer the estate?
Statement of Claim
What is the form filed by credits of the estate to get paid out of estate fund?
Attest
What is to bar witness to affirm or verify a will as being genuine?
Domicile
What is a person's permanent place of residence?