Estate Planning Glossary

- A -

Abatement

Ademption

- B -

Beneficiary

Bequest

- C -

Charitable trust

Codicil

- D -

Demonstrative legacy

Disclaimer of interest

Discretionary trust

- E -

Express trust

- F -

Fixed trust

- H -

Holographic will

Honorary trust

- I -

Intestacy

Incentive trust

"Inter vivos" trust

Irrevocable trust

- J -

Joint will

- L -

Lapse

Living will

- M -

Mutual wills

- P -

- R -

Residuary clause

Revocable living trust

- S -

Settlor

Specific bequest

Spendthrift trust

- T -

Testamentary trust

Testator

Trust

Trustee

- U -

- W -

Will

- X -

- Y -

- Z -

Note: The definitions in this glossary are for educational purposes only and are not intended to be used in place of the advice of a legal professional.