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2. Probate - Wikipedia

   en.wikipedia.org/wiki/Probate

   In common law jurisdictions, probate is the judicial process whereby a will is "proved" in a court of law and accepted as a valid public document that is the true last testament of the deceased; or whereby, in the absence of a legal will, the estate is settled according to the laws of intestacy that apply in the state where the deceased resided at the time of their death.

3. Do all heirs need to agree to sell an inherited property? - AOL

   www.aol.com/finance/heirs-agree-sell-inherited...

   Probate can be an issue if the deceased doesn’t have a will, but it can also come into play even if there is an outline of what to do with the property. This process can be both very lengthy and ...

4. If you want to help your kids bypass probate when you die ...

   www.aol.com/finance/want-help-kids-bypass...

   A trust is a document that allows you to keep control of your money and property and designate who receives it once you die. “Revocable” means you can change the terms at any time while you ...

5. Will and testament - Wikipedia

   en.wikipedia.org/wiki/Will_and_testament

   Legacy – testamentary gift of personal property, traditionally of money. Note: historically, a legacy has referred to either a gift of real property or personal property. Legatee – beneficiary of personal property under a will, i.e., a person receiving a legacy. Probate – legal process of settling the estate of a deceased person.

6. Estate planning - Wikipedia

   en.wikipedia.org/wiki/Estate_planning

   Estate planning may involve a will, trusts, beneficiary designations, powers of appointment, property ownership (for example, joint tenancy with rights of survivorship, tenancy in common, tenancy by the entirety), gifts, and powers of attorney (specifically a durable financial power of attorney and a durable medical power of attorney).

7. Estate (law) - Wikipedia

   en.wikipedia.org/wiki/Estate_(law)

   In common law, an estate is a living or deceased person's net worth.It is the sum of a person's assets – the legal rights, interests, and entitlements to property of any kind – less all liabilities at a given time.

8. 6 lessons I learned from inheriting a parent’s house - AOL

   www.aol.com/finance/6-lessons-learned-inheriting...

   For example, after my mother’s passing, I faithfully paid the quarterly property taxes. However, immediately after we exited probate, I was surprised to receive a $3,500 tax bill in the mail.

9. Administration (probate law) - Wikipedia

   en.wikipedia.org/wiki/Administration_(probate_law)

   Other examples include discretionary death benefits from pension funds, accounts with certain financial institutions subject to a nomination and the proceeds of life insurance policies which have been written into trust. Trust property will also frequently fall outside the estate but will depend on the terms of the trust.