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  2. Power of appointment - Wikipedia

    en.wikipedia.org/wiki/Power_of_appointment

    Example: "I leave my cactus collection to my children, my wife Pat to choose who receives which cactus." A special power of appointment allows the recipient to distribute the designated property among a specified group or class of people, not including donee, donee's estate, creditors of donee, or creditors of donee's estate. [2]

  3. Will and testament - Wikipedia

    en.wikipedia.org/wiki/Will_and_testament

    Devise – testamentary gift of real property. Devisee – beneficiary of real property under a will. Distribution – succession to personal property. Executor/executrix or personal representative [PR] – person named to administer the estate, generally subject to the supervision of the probate court, in accordance with the testator's wishes ...

  4. What To Do If You Are the Executor of a Will - AOL

    www.aol.com/finance/executor-220728723.html

    Here’s a step-by-step guide on what you need to know about what to do as an executor of a will. ... For example, a certified copy of a death certificate in California costs $21. In Florida, a ...

  5. Codicil (will) - Wikipedia

    en.wikipedia.org/wiki/Codicil_(will)

    A codicil is a testamentary or supplementary document similar but not necessarily identical to a will.The purpose of a codicil can differ across jurisdictions.It may serve to amend, rather than replace, a previously executed will, serve as an alternative or replacement to a will, or in some instances have no recognized distinction between it and a will.

  6. Administrator of an estate - Wikipedia

    en.wikipedia.org/wiki/Administrator_of_an_estate

    The administrator of an estate is a legal term referring to a person appointed by a court to administer the estate of a deceased person who left no will. [1] Where a person dies intestate, i.e., without a will, the court may appoint a person to settle their debts, pay any necessary taxes and funeral expenses, and distribute the remainder according to the procedure set down by law.

  7. Joint wills and mutual wills - Wikipedia

    en.wikipedia.org/wiki/Joint_wills_and_mutual_wills

    Although a single document, the joint will is a separate distribution of property by each executor (signatory) and will be treated as such on admission to probate. Mutual wills are any two (or more) wills which are mutually binding, such that following the first death the survivor is constrained in the ability to dispose of the property by the ...

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