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    Legal Terms used in Estate Planning Documents  
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Here is a brief description of terms used for estate planning purposes.
Elder Law Services - Life Planning - Estate Planning WILL: an expression of a person's intention concerning the disposition of his or her property at death.
Elder Law Services - Life Planning - Estate Planning ESTATE: all real and personal property a person owns at the time of his/her death.
Elder Law Services - Life Planning - Estate Planning TESTATOR/TESTATRIX: a person who makes a Will.
Elder Law Services - Life Planning - Estate Planning EXECUTOR/EXECUTRIX: the person or entity named in the Testatrix/Testator's Will who administers the Estate.
Elder Law Services - Life Planning - Estate Planning CODICIL: a will that modifies or partially revokes an existing or earlier will.
Elder Law Services - Life Planning - Estate Planning PROBATE: the act of judicially approving the Will, or otherwise settling one's Estate.
Elder Law Services - Life Planning - Estate Planning TRUST: an agreement where property is held for one party for the benefit of another.
Elder Law Services - Life Planning - Estate Planning SETTLOR or GRANTOR: the creator of a Trust.
Elder Law Services - Life Planning - Estate Planning TRUSTEE: an agent of the Settlor/Grantor who holds the property for the benefit of the Beneficiary.
Elder Law Services - Life Planning - Estate Planning BENEFICIARY: one who receives benefit of the property in a Trust.
Elder Law Services - Life Planning - Estate Planning HEALTH CARE DIRECTIVE/POWER OF ATTORNEY FOR HEALTH CARE: a special power of attorney that appoints an agent to make medical decisions on one's behalf when they are unable.
Elder Law Services - Life Planning - Estate Planning LIVING WILL/ADVANCE MEDICAL DIRECTIVE: a document witnesses by two competent witnesses stating whether one wants life-sustaining treatment withheld or withdrawn when in a permanent unconscious condition.
 
  Larson-Alexander Law LLC - Elder Law, Life Planning, Estate Planning in Port Angeles WA and surrounding North Olympic Peninsula  
 
Ingrid P. Larson-Alexander
Larson-Alexander Law LLC
519 S. Peabody Street, Suite 1
Port Angeles, Washington 98362
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Phone: (360) 452-9519 - Fax (360) 452-9519
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Ingrid Larson-Alexander - Elder Law Services and Life and Estate Planning   Ingrid Larson-Alexander - Elder Law Services and Life and Estate Planning