Decedent

Business / Real Estate / Decedent: A deceased person, especially one who has died recently.

Income In Respect Of A Decedent

Business / Taxes / Income In Respect Of A Decedent: Any income your beneficiary receives after your death that would have gone to you if you were still alive is described as income in respect of a decedent. One example is the income your beneficiary ge MORE

Probate

Business / Real Estate / Probate: The formal judicial proceeding to prove or confirm the validity of a will, to collect the assets of the decedents estate, to pay the debts and taxes and to determine the persons to whom the remainder MORE

Heir

Business / Real Estate / Heir: A person who inherits under a will or a person who succeeds to property by the state laws of descent if the decedent dies intestate. MORE

Escheat

Business / Real Estate / Escheat: The reversion of property to the state or county, as provided by state law, in cases where a decedent dies intestate and there are no heirs capable of inheriting or when the property is abandoned. In MORE

Executor

Business / Real Estate / Executor: A male person appointed by a testator to carry out the directions and requests in his or her last will and testament, and to dispose of his or her property according to the provisions of the will. Sta MORE

Joint Tenancy

Business / Construction / Joint Tenancy: A form of ownership in which the tenants own a property equally. If one dies, the other automatically inherits the entire property. MORE

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