9,075
edits
Difference between revisions of "Glossary for Being an Executor"
Jump to navigation
Jump to search
Glossary for Being an Executor (view source)
Revision as of 18:04, 25 April 2017
, 18:04, 25 April 2017no edit summary
Drew Jackson (talk | contribs) |
Drew Jackson (talk | contribs) |
||
| Line 15: | Line 15: | ||
;Probate: A legal procedure that confirms a will is legally valid and can be acted on. It allows financial institutions and others to rely on the will as being the last will made by the deceased. | ;Probate: A legal procedure that confirms a will is legally valid and can be acted on. It allows financial institutions and others to rely on the will as being the last will made by the deceased. | ||
;Probate fees: In addition to any fees payable to commence a probate proceeding, a fee based on the value of the estate must be paid to the court before the probate grant will be issued. | |||
;Renounce: To decline an appointment as executor. | ;Renounce: To decline an appointment as executor. | ||