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  2. Uniform Simultaneous Death Act - Wikipedia

    en.wikipedia.org/wiki/Uniform_Simultaneous_Death_Act

    The Uniform Simultaneous Death Act is a uniform act enacted in some U.S. states to alleviate the problem of simultaneous death in determining inheritance.. The Act specifies that, if two or more people die within 120 hours of one another, and no will or other document provides for this situation explicitly, each is considered to have predeceased the others.

  3. 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.

  4. Intestacy - Wikipedia

    en.wikipedia.org/wiki/Intestacy

    Intestacy has a limited application in those jurisdictions that follow civil law or Roman law because the concept of a will is itself less important; the doctrine of forced heirship automatically gives a deceased person's next-of-kin title to a large part (forced estate) of the estate's property by operation of law, beyond the power of the deceased person to defeat or exceed by testamentary gift.

  5. 5 Reasons to Seriously Consider Using a Living Trust to Pass ...

    www.aol.com/5-reasons-seriously-consider-using...

    Essentially, an irrevocable trust allows the grantor to still use their assets, while legally making them the property of the trust. For estate planning purposes, it can be beneficial to reduce ...

  6. Advancement (inheritance) - Wikipedia

    en.wikipedia.org/wiki/Advancement_(inheritance)

    Advancement is a common law doctrine of intestate succession that presumes that gifts given to a person's heir during that person's life are intended as an advance on what that heir would inherit upon the death of the parent. Not to be confused with an advance of someone's expected distribution from an estate currently in probate.

  7. Is a Living Trust Really the Best Way to Pass an Inheritance ...

    www.aol.com/living-trust-really-best-way...

    An attorney can also help you understand the costs of setting up a living trust, which are apt to exceed those of a standard will. And depending on your circumstances, the extra expense may not be ...

  8. Letters of Administration - Wikipedia

    en.wikipedia.org/wiki/Letters_of_Administration

    As outlined by the Cornell Legal Information Institute, "The letters authorize the administrator to settle the deceased person's estate according to the state's intestate succession laws. Banks, brokerages, and government agencies often require a certified copy of the letters before accepting the administrator's authority to collect the ...

  9. Administration (probate law) - Wikipedia

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

    Upon the death of a person intestate, or of one who left a will without appointing executors, or when the executors appointed by the will cannot or will not act, the Probate Division of the High Court of Justice or the local District Probate Registry will appoint an administrator who performs similar duties to an executor.

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