Probate Law: Glossary of Terms
Probate Law: Glossary of Terms
Questions
What is the legal process of administering and distributing a deceased person's estate?
- Probate
- Administration
- Settlement
- Distribution
Who is the person appointed by the court to administer the estate of a deceased person?
- Executor
- Administrator
- Personal Representative
- Trustee
What is the legal document that sets forth a person's wishes for the distribution of their property after their death?
- Will
- Testament
- Codicil
- Trust
What is the legal process of challenging the validity of a will?
- Probate
- Administration
- Settlement
- Contest
What is the legal term for the transfer of property from a deceased person to their beneficiaries?
- Distribution
- Settlement
- Descent
- Escheat
What is the legal term for the property of a deceased person?
- Estate
- Assets
- Probate
- Trust
What is the legal term for the debts and obligations of a deceased person?
- Liabilities
- Debts
- Obligations
- Encumbrances
What is the legal term for the process of determining the value of a deceased person's estate?
- Appraisal
- Valuation
- Assessment
- Inventory
What is the legal term for the process of selling a deceased person's property to pay their debts and expenses?
- Liquidation
- Sale
- Disposition
- Realization
What is the legal term for the person who receives property from a deceased person's estate?
- Beneficiary
- Heir
- Devisee
- Legatee
What is the legal term for the property that passes to a person by operation of law, rather than by will?
- Intestate Succession
- Descent
- Escheat
- Distribution
What is the legal term for the property that passes to the state when a person dies without a will and has no heirs?
- Escheat
- Intestate Succession
- Descent
- Distribution
What is the legal term for the process of transferring property from a living person to another person?
- Inter vivos transfer
- Gift
- Conveyance
- Assignment
What is the legal term for a gift made in contemplation of death?
- Mortis causa gift
- Inter vivos gift
- Gift in contemplation of death
- Testamentary gift
What is the legal term for a trust created during a person's lifetime?
- Inter vivos trust
- Testamentary trust
- Living trust
- Revocable trust