Administrator - A person(s) appointed by the Probate Office of the High Court to handle the Estate of a person who has died intestate.
Beneficiary - A person named in the Will to receive property or other assets gifted by the deceased person.
Certificate of Balance - A list of accounts including account balances the deceased person had.
Certified Copy - Certified copies are copies of original documents (like Passports or Death Certificates) which have been branded “original sighted” and signed by an authorised official.
Death Certificate - An official document issued by a medical practitioner certifying the death of a person. The document states the date, place and cause of death.
Deceased Estate - The property and assets belonging to a person who has died is called their Estate.
Executor - A person(s) named in a Will instructed to carry out the wishes of the deceased.
Grant of Probate - This confirms that the Will is valid and confirms the Executor as the representative of the person’s Estate. It is applied for through the Probate Office of the High Court.
Inheritance Tax - Inheritance Tax is a duty imposed on the assets inherited from a deceased person where the Estate is valued at more than £325,000. You can find out more at gov.uk/inheritance-tax
Intestate - A person dies ‘Intestate’ if they do not leave a valid Will. In this case, an application needs to be made to the Probate Office of the High Court for Letters of Administration.
Letters of Administration - An official Order issued from the Probate Office of the High Court appointing an Administrator of a deceased person’s Estate where no valid Will exists.
Next of Kin - A person’s closest living relative or relatives.
Personal Representative - This is either an Administrator or Executor.
Will - A Will is a legal document setting out how a person wants their Estate to be distributed after their death. It names the person or people they want as Executor(s) to carry out their wishes.