estate of deceased person
21deed of variation (of a deceased's estate) — England, Wales A deed (also known as a deed of family arrangement) that enables beneficiaries (beneficiary) of a deceased person s estate to alter the distribution of that estate. It is possible to vary the terms of a will or, where there is no… …
22Taxable Estate — The total value of a deceased person s assets that are subject to taxation minus liabilities and minus the prescribed tax deductible portion of assets left behind by the deceased. The following items can be deducted to determine the taxable… …
23augmented estate — see estate 3a Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. augmented estate …
24Real estate — Property lawReal estate is a legal term (in some jurisdictions, notably in the USA, United Kingdom, Canada, and Australia) that encompasses land along with anything permanently affixed to the land, such as buildings, specifically property that is …
25Administrator of an estate — The Administrator of an estate is a legal term referring to a person appointed by a court to administer the estate of a deceased person who left no will. Where a person dies intestate, i.e., without a will, the court may appoint a person to… …
26interested person — A person concerned or having an interest. Within the meaning of a statute designating persons eligible to contest a will:–one who has such an interest as may be impaired or defeated by the probate of the will or benefitted by setting it aside. Re …
27administration of an estate — The court supervised distribution of the probate estate of a deceased person. If there is a will that names an executor, that person manages the distribution. If not, the court appoints someone, who is generally known as the administrator. In… …
28unified estate and gift tax — See: estate tax, gift tax Category: Wills, Trusts & Estates → Estate Tax Nolo’s Plain English Law Dictionary. Gerald N. Hill, Kathleen Thompson Hill. 2009 …
29probate estate — see estate 3a Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. probate estate …
30small estate — An estate that contains property with a value small enough to be eligible, under state law, for simplified probate procedures or out of court transfers of the deceased person s property. Category: Wills, Trusts & Estates → Estates, Executors &… …
