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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Probate Real Estate Services and Sales

Probate can be an unpleasant stressor while closing the affairs of a beloved friend or family member, especially if there are other loose strings to tie up. As the administrator or personal representative of the estate, you must find the inner strength to calmly and objectively take on those daunting tasks—all while still grieving. If you have never filled such a role before, you will be in uncharted territory. Your role will be governed by numerous legal mandates, which make the process all the more demanding.

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