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Legal Glossary (A)
Abatement: Abatement occurs when the estate of the deceased is not able to cover the gifts bequeathed...
Ademption: Ademption is what occurs when the property that has been assigned to a beneficiary in a wi...
Ademption By Extinction: Ademption by extinction is when the testator's estate no longer contains the property or a...
Ademption By Satisfaction : Unlike ademption by extinction where the beneficiary can be left with nothing, ademption b...
Administrator : An administrator in terms of estate planning is someone who is appointed by the Clerk of C...
Advance Medical Directive : Advance medical directive is a broad term covering the desire's of an individual in terms ...
Affidavit: An affidavit is a sworn statement of fact signed by the author, witnesses and an officer o...
Ancillary: During estate planning there may be extra documentation that is needed to make sure that a...
Ancillary Probate: Ancillary probate is probate of an estate that contains property in a state other than the...
Annual Exclusion: Annual exclusion is the amount of money an individual can give another person in one year ...
Applicable Exclusion Amount: The applicable exclusion amount used to be known as the unified credit and is an exemption...