Wills Glossary (16:App C) - Revision history

LSLAP at 19:32, 13 October 2025

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LSLAP at 22:04, 20 August 2024

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Clicklaw Editor at 21:31, 29 August 2023

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LSLAP at 00:21, 25 August 2023

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Clicklaw Editor at 04:19, 14 October 2022

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	'''Administrator'''		'''Administrator'''
	*a person appointed by the court to manage the estate of a person who dies intestate (without a will)		*a person appointed by the court to manage the estate of a person who dies intestate (without a valid will)

	'''Attestation'''		'''Attestation'''

Clicklaw Editor at 21:31, 11 October 2022

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	'''Wind up'''		'''Wind up'''
	*to liquidate (sell or dispose of) assets of an entity		*to liquidate (sell or dispose of) assets of an entity


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LSLAP at 17:17, 16 August 2021

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	'''Executor'''		'''Executor'''
	*a person appointed to manage the estate of a person who has died leaving a will ~~which nominates that person~~. The executor must ~~insure~~ that the person's desires expressed in the will are carried out. Practical responsibilities include gathering up and protecting the assets of the estate, obtaining information in regard to all beneficiaries named in the will and any other potential heirs, collecting and arranging for payment of debts of the estate, approving or disapproving creditor's claims, making sure estate taxes are calculated, forms filed and tax payments made, and in ~~allways~~ assisting the lawyer for the estate (which the executor can select)		*a person appointed by will to manage the estate of a person who has died leaving a valid will. The executor must ensure that the person's desires expressed in the will are carried out. Practical responsibilities include gathering up and protecting the assets of the estate, obtaining information in regard to all beneficiaries named in the will and any other potential heirs, collecting and arranging for payment of debts of the estate, approving or disapproving creditor's claims, making sure estate taxes are calculated, forms filed and tax payments made, and in all ways assisting the lawyer for the estate (which the executor can select)

	'''Express powers'''		'''Express powers'''
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	'''Living will'''		'''Living will'''
	*a document in which a person appoints another as ~~their~~ proxy or representative to make decisions on maintaining extraordinary life-support if the person becomes too ill, is in a coma or is certain to die. Living wills are not legally valid in B.C.		*a document in which a person appoints another as his/her proxy or representative to make decisions on maintaining extraordinary life-support if the person becomes too ill, is in a coma or is certain to die. Living wills are not legally valid in B.C. The B.C. equivalent document is called a “Representation Agreement”

	'''Mirror wills'''		'''Mirror wills'''
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	'''Personal representative'''		'''Personal representative'''
	*the individual ~~that winds up~~ the estate ~~and distributes the assets~~		*either the Executor named in the will of a deceased individual or a court-appointed Administrator; charged with administering and distributing the estate

	'''Probate'''		'''Probate'''
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	'''Tenancy in common'''		'''Tenancy in common'''
	*the title to real property held by two or more persons, in which each has an "undivided interest" in the property and all have an equal right to use the property, even if the percentage of interests are not equal or the living spaces are different sizes. Unlike "joint tenancy," there is no "right of survivorship" so that if one of the tenants in common dies, ~~and~~ each interest may be separately sold, mortgaged or willed to another		*the title to real property held by two or more persons, in which each has an "undivided interest" in the property and all have an equal right to use the property, even if the percentage of interests are not equal or the living spaces are different sizes. Unlike "joint tenancy," there is no "right of survivorship" so that if one of the tenants in common dies, each interest may be separately sold, mortgaged or willed to another

	'''Testamentary capacity'''		'''Testamentary capacity'''

LSLAP at 21:29, 10 August 2021

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Desy Wahyuni: Desy Wahyuni moved page Wills Glossary (16A:App C) to Wills Glossary (16:App C) over redirect

2021-08-04T20:47:40Z

Desy Wahyuni moved page Wills Glossary (16A:App C) to Wills Glossary (16:App C) over redirect

← Older revision		Revision as of 20:47, 4 August 2021
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Corinne Shortridge at 23:56, 28 September 2020

2020-09-28T23:56:01Z

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	*to liquidate (sell or dispose of) assets of an entity		*to liquidate (sell or dispose of) assets of an entity


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