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Administrator
This is the term given to a personal representative if they are not appointed under a will.
Affidavit
This is a declaration made in writing which is sworn as oath in front of someone who is authorised to administer oaths.
Assets
This is the value of an estate.
Beneficiary
This is a person who benefits under a will.
Bequest
This is a gift of a particular object or cash.
Chattels
These are personal belongings, such as jewellery, which belong to a person.
Codicil
A document used to alter a will.
Estate
This is the total value of assets and property belonging to a person.
Executor
This is the term used for a personal representative is appointed by a will.
Grant of Probate
This is a document issued by the Probate Registry to the personal representatives of a will to allow them to administer the estate.
Guardian
This is an individual who would become responsible for your children in the event of your death until your children reach 18 years old.
Inheritance Tax
This is tax that becomes payable when the total estate value exceeds a set threshold. It is also payable on lifetime gifts made before death.
Intestate
This is an individual who has died without making a will.
Legacy
This is a gift of money or an item.
Letters of Administration
This is a document issued by the Probate Registry to the personal representative to administer the estate of an intestate person.
Life Interest
This is a gift that gives an individual the right to income from an asset or occupation of a property for the duration of their life.
Next of kin
This is a person entitled to the estate when an individual dies intestate.
Personal Representative
This is a general term used for both administrators and executors.
Probate Registry
This is an organisation that deals solely with probate matters.
Residue
This is what is left of the estate after all debts and wishes of the will have been followed.
Will
This is a legal document whereby an individual states their wishes for their estate when they die.
Probate & Estate Specialists
I’m Adrian Chambers and specialise in Probate and Estate matters. We aim to provide our clients with an outstanding legal service.
We will help and support you and most importantly we work hard for you.
If you need help administering a loved one’s estate, please click here for further information.
For information about our costs on probate work please click here.
Please contact us for a free, no obligation chat on 01536 276300 or contact us online.