probatelawyers.com.au

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Definitions (61)

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testamentary expenses


The expenses involved in obtaining a Grant of Probate of a will
Source: probatelawyers.com.au (offline)

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testator | testatrix


The author (male | female) of a valid Will
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abatement


A common law doctrine when assets of the deceased are less than the debts to the creditors and those debts must be paid first
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administration


  The process by which the assets of deceased person is gathered in and dispersed to the rightful heirs where there is no Will, or to the beneficiaries if there is a Trust or Will
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administrator


A person appointed by law to settle the affairs of someone who dies without a Will
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affidavit


A voluntary statement in writing, sworn before a nominated official, such as notary public, solicitor, or Justice of the Peace
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age of majority


An age at which a person is granted legal rights (e.g. ability to sue) and legal responsibilities (e.g. liability under a contract) as if an adult. In most States and Territories, this age is 18 years
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assignment


The transfer of rights held by one party to another party
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attest | attestation


To attest a Will is to witness its execution by seeing the testator sign or acknowledge the Will
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beneficiary


A person or organisation receiving a gift from a Will
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