Wills and Probate Dictionary | Understanding Terms and Phrase | Part 1

14
Understanding Terms and Phrase of Wills and Probate Dictionary

Transcript of Wills and Probate Dictionary | Understanding Terms and Phrase | Part 1

Page 1: Wills and Probate Dictionary | Understanding Terms and Phrase | Part 1

Understanding Terms and Phrase of Wills and Probate Dictionary

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Administration of an Estate

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Affidavit of Due Execution –

Beneficiary –

Caveat –

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Codicil –.

Deceased estate –

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Deed of Family Arrangement –

Enduring Power of Attorney –

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Executor or Executrix –

Grant of Probate –

Heir –

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• Informal will –

• Insolvent estate

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Joint tenants –

Inheritance claim –

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• Intestate or intestacy – When someone dies

without a will, or the will does not deal with all of

the deceased’s property.

• Legal Personal Representative – The person who is

responsible for the affairs of the deceased

estate. The person may be the Executor under a

will, or the Administrator following a Grant of

Letters of Administration.

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• Letters of Administration – In WA, when a person

dies without a will or the will is invalid, an

application is made to the Supreme Court of

Western Australia for a Grant of Letters of

Administration by the next-of-kin. The assets of

the deceased estate go to the next-of-kin

according to a formula in the Administration Act

1903.

• Legacy – An amount of money or property left to

someone in a Will.

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• Movable and immovable property –

• Power of Attorney –

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Need assistance with a Grant of Probate or Letters of Administration?

The team of experts at Robson Hayes Legal canprepare the Court documents necessary for a Grantof Probate or Letters of Administration. Call RobsonHayes Legal on (08) 6181 0790 or email usat [email protected] to discuss yourprobate and deceased estate issues. Visithttp://probatewa.lawyer

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