Glossary of terms

Common Probate and Trust Legal Terms Abatement: When the estate does not have enough remaining property to pay each beneficiary in full, an abatement is the lesser amount heirs may receive. Administrator: Also called an executor, the person in charge of

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What Is Probate and the 10 Things a Personal Representative Must Know

You’ve been named the personal representative overseeing the probate process for a loved one. The tax is not easy and there are numerous steps involved. The probate process can tax a family and create stress for the personal representative, especially

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