3,967
edits
(wills article linked) |
No edit summary |
||
Line 29: | Line 29: | ||
'''Bequest -''' A ''bequest'' is the personal property assigned in a will. | '''Bequest -''' A ''bequest'' is the personal property assigned in a will. | ||
'''Bond - ''' | '''Bond - '''In most probate cases, the court required the administrator, (and sometimes the executor, guardian, appraiser, and trustee) to post a ''bond'' to ensure that he would properly complete his duties. The bond required that a fee be paid to the court if duties weren't adequately performed. One or more persons were required to co-sign the bond as "sureties." | ||
'''Bondsman -''' A ''bondsman'' is a person who pledges a sum of money as bond in another's behalf. | '''Bondsman -''' A ''bondsman'' is a person who pledges a sum of money as bond in another's behalf. | ||
Line 197: | Line 197: | ||
'''Widow's election - '''A ''widow's election'' is the widow's right to either accept what was granted to her by her husband's will or to accept the share granted to her by state statute. | '''Widow's election - '''A ''widow's election'' is the widow's right to either accept what was granted to her by her husband's will or to accept the share granted to her by state statute. | ||
'''Will - '''Technically, a ''will'' is the document in which the testator distributes (devises) real property. This term is often used in place of "last will and testament." (See article on [[ | '''Will - '''Technically, a ''will'' is the document in which the testator distributes (devises) real property. This term is often used in place of "last will and testament." (See article on [[United States Probate Wills|Wills]] for more information.)<br> | ||
'''Witness - '''A ''witness'' is a person who attests to actions or events personally seen. | '''Witness - '''A ''witness'' is a person who attests to actions or events personally seen. |
edits