Vocabulary words have meaning both in life and in the law. Below I have listed the most frequent terms used on this website and what each word means. The terms are listed in alphabetical order. I am certain this glossary will be of assistance to you in your reading.
If we at Hanlon Niemann & Wright can be of assistance to you now or in the future, please do not hesitate to contact me (855) 376-5291 or e-mail me at email@example.com.
Administrator/rix – a person appointed by the Surrogate to take charge of the Estate of a decedent who dies without a Will. Also called a personal representative.
Beneficiary – a person designated to receive money, property, or benefits in a Will.
Bequest – a gift of personal property through a Will.
Caveat – a formal notice given by someone to prevent the proving of a Will or the grant of administration of an Estate.
Codicil – an addition or supplement to an original Will that adds to or deletes only part of a Will.
Decedent – a deceased person.
Devise – a gift of real estate through a Will.
Domestic Partner – Two people that are not related and 18 years of age and of the same sex or of the opposite sex age 62 or older.
Estate – real and personal property and possessions; everything a person owns.
Executor/rix – a person named in a Will to carry out the wishes and intentions of the Will, also known as a personal representative.
Guardian – a person who has been qualified and/or been appointed as a guardian of the person and/or property of a minor or adult mental incompetent.
Heir – a person who inherits property from a deceased person.
Intestate – when a person dies without a Will.
Joint tenants with rights of survivorship – two or more persons owning real estate where the survivor will inherit the property.
Legatee – a person who receives a gift under a Will.
Personal property – intangible property, such as stocks, bonds, or bank accounts, and tangible property such as jewelry, furniture, or an automobile.
Probate – official proof of authenticity or validity of a Will.
Real property – land and/or buildings.
Surrogate – the elected county official who oversees probate in the State of New Jersey.
Tenants in Common – two or more people owning undivided individual interests in a single piece of property.
Tenants by the Entirety – real property owned as husband and wife with rights of survivorship.
Testator/rix – the person who makes a Will.
Trust – property owned or managed by a person for another.
Trustee – a person holding property in trust for another.
Will – a legal declaration of the manner in which a person wishes Estate to be divided after death
Witness – a person who observes the signing of a Will and/or codicil and attests to the signature of the Testator/rix.
Have questions about NJ estate administration and probate? If so, call our office today. Ask for Mr. Niemann to personally discuss your questions and individual situation toll-free at (855) 376-5291 or e-mail him at firstname.lastname@example.org.
Written by Fredrick P. Niemann, Esq. of Hanlon Niemann & Wright, a Freehold Township, Monmouth County, New Jersey Estate Administration and Probate Attorney
Estate Administration and Probate Attorney serving these New Jersey Counties:
Monmouth County, Ocean County, Essex County, Cape May County, Camden County, Mercer County, Middlesex County,
Bergen County, Morris County, Burlington County, Union County, Somerset County, Hudson County, Passaic County