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Glossary for Being an Executor

189 bytes added, 18:04, 25 April 2017
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;Probate: A legal procedure that confirms a will is legally valid and can be acted on. It allows financial institutions and others to rely on the will as being the last will made by the deceased.
 
;Probate fees: In addition to any fees payable to commence a probate proceeding, a fee based on the value of the estate must be paid to the court before the probate grant will be issued.
;Renounce: To decline an appointment as executor.
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