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Will and Testament

Glossary

Administrator – a person who handles the estate of someone who has died without a will. This is appointed by the court.

Executor – the person named an will who is chosen to administer a deceased person’s estate

Hereditament – anything can possibly be inherited by someone

Inheritance – anything that is received by a relative of someone who has died, regardless of whether there was a will or not

Legacy – a gift of personal property that is given to somebody by orders of a will. This gift does not include real property

Mutual wills – wills written up, usually by spouses or legal “partners” that gives each person in the will the others estate in the event one dies

Probate – establishing the validity of a will so it can be administered when a person is deceased

Renunciation – giving up an inheritance of anything given in a will or voiding out any debt owed by the deceased

Testacy – when a person dies and has a written will

Widow’s election – the option of a widow(er) to accept what their deceased spouse has left to them in their will or accepting what she would receive by the laws of succession

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