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  2. 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.

  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. 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 ...

  5. 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 ...

  6. 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]

  7. Attestation clause - Wikipedia

    en.wikipedia.org/wiki/Attestation_clause

    In the United States, attestation clauses were formally introduced into probate law with the promulgation of the first version of the Model Probate Code in the 1940s. Statutes that authorize self-proved wills typically provide that a will that contains this language will be admitted to probate without affidavits from the attesting witnesses.

  8. Executor - Wikipedia

    en.wikipedia.org/wiki/Executor

    For example, in California the executor is entitled to 4% of the first $100K of estate value, 3% of the next $100K, and so on. In other countries, such as the United Kingdom, the executor is not automatically entitled to compensation, although compensation can be directed within the will or on application to a court. [2]

  9. Trust instrument - Wikipedia

    en.wikipedia.org/wiki/Trust_instrument

    In trust law, a trust instrument (also sometimes called a deed of trust, where executed by way of deed) is an instrument in writing executed by a settlor used to constitute a trust. Trust instruments are generally only used in relation to an inter vivos trust ; testamentary trusts are usually created under a will .

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