Probate Jargon Buster

This section is aimed at turning complex Probate terminology into plain English: 

Administrator: A person responsible for winding up the estate of a person who has died without a will.

Administrator Period: The time between the date of death and the date of the final estate accounts.

Beneficiaries: A person or a group of people who inherit either under a will or under the laws of intestacy certain gifts, money or property of the deceased.

Codicil: A legal document by which a person amends his will.

Disbursements: Payments made to third parties on your behalf. These include probate fees, court registry fees and land registry fees.

Estate Accounts: Accounts recording the financial transactions during the administration period.

Excepted Estate: An estate where no Inland Revenue account is necessary once certain conditions have been fulfilled.

Executor: A person appointed by a will or codicil to wind up the estate.

Grant of Representation: A Court Order from the Probate Registry authorising a person to deal with the assets of the deceased’s estate.

Intestacy: Where someone dies without making a will that completely disposes of all of their assets. The law of intestacy are governed by the Administrations of Estates Act 1925 and determine who inherits the deceased assets.

Legacy/Legacies: A gift of chattels/assets included in the will.

Personal Representative: An Executor or Administrator.

Probate: The process of winding up a deceased’s estate.

Residuary Estate: What remains of an estate after payment of all taxes, expenses, debts and legacies.

Natalie Gefen
Add to Contact ListAdd Natalie Gefen to your contact manager (e.g. Outlook)
7A Wellington Road
NW10 5LJ
020 3432 7180