GLOSSARY
ACCOUNT–A report to the Probate Court listing all of the Probate Estate’s receipts, disbursements to creditors, distributions to beneficiaries, gains, losses, and adjustments
ACCOUNTING–The act of providing an account
ADMINISTRATOR–A person appointed by the Probate Court to settle the Probate Estate when there is no will or where the will does not name an executor
ANCESTOR–Anyone from whom you can trace your lineal descent (e.g., parent, grandparent, great grandparent)
APPRAISED VALUE–The value of real estate or tangible personal property as determined by a trained individual who may—but need not be—licensed for that purpose
ASSESSMENT–The value of real estate as determined by local government for the purpose of calculating and collecting ...
Get The Essential Executor's Handbook: A Quick and Handy Resource for Dealing With Wills, Trusts, Benefits, and Probate now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
