Probate Jargon Buster

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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.

Latest Probate & Estate Video
Seatons Solicitors | 10 Things to consider about Wills & Probate

Adrian Chambers - Seatons Solicitors

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.

Latest Probate & Estate Articles

Family Companies – It’s Never Too Soon to Start Estate Planning

Estate planning is essential when there is a family business to prevent tax problems in the untimely death of a shareholder as this following High Court case demonstrates.

Promises, Promises – Don’t Rely on Them Unless They Are in Writing!

The trouble with promises that are not recorded in writing by a professional is that it can be very hard to prove after the event that they were ever made.

Get Your Will Written Right to Ensure Your Wishes Happen

A penniless Eastern European man who had made his fortune in his lifetime decided to make his own Will which meant that his £2.75 million estate may not have reached the beneficiaries he wanted them to on his death. The following case details the problems of making a Will without the proper legal advice.

Are You Entitled To A Share in Your Home? Get Your Name On The Title Deeds

When you live in a property with a partner and contribute to its maintenance by undertaking work or paying for work to it you could believe that you have a financial interest in that property. Without a formal arrangement you could find that you have no security.
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