Administer

to collect the assets, pay all debts owed from the estate and distribute the ret to the benficiaries

Assets

house(s), land, stocks, shares, money and any other benefit belonging to you when you die

Beneficiary

a person or organisation which recives a gift from the estate

Bequest

a gift, sometimes called a benefit

Estate

the total assets you own when you die

Execute

to carry out the legal procedures to make a will valid under the law

Executor

a person you choose to administer your estate (somtimes called a Executrix when this is a woman)

Legacy

a gift of money

Probate

legal proof that a wil is valid, giving authority to adminster the estate

Residue

the remainder of the estate after debts, legacies, funeral and other expenses have been deducted

Revoke

to cancel legally

Specific Legacy

a gift of particular property, such as a house, furniture or a car

Spouse

the person to whom you are legally married

Survive

to be alive after the death of the will-maker

Testamentary expenses

the expenses of executors

Testator

a man who makes a will

Testatrix

a woman who makes a will

Trust

a legal arrangement to hold money or property for someone else, usually a child