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Assets other than nonprobate property.Probate property A document that identifies a person s heirs and the assets that each heir will receive after the person
Assets other than nonprobate property.Probate property A document that identifies a persons heirs and the assets that each heir will receive after the persons death.Will The person named in a will to pay the deceaseds debts, obligations, and funeral expenses.Executor A document that makes minor changes to a will.Codicil A person named in a will to receive some or all of the deceaseds assets.Heir A person who may be court appointed to raise surviving minor children.Partnership theory of marriage rights A nonbinding document that describes ones preferences of how to conduct his or her affairs after death.Death without a valid will.Intestate Legal position that married couples share their net worth.
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