{{REVIEWEDPLS | reviewer = [[Helen LowStephen Hsia|Helen Low, QCStephen Hsia]]|date= January 20162019}}{{Being an Executor Preparing Your Will TOC}};AssetsAdministrator: Property owned A person appointed by a person at their death. Assets can include things such as money, land, investmentsthe court to deal with an estate where the executor is unable or unwilling to act, and personal possessions such as jewelry and furnitureor there is no valid will.

;BeneficiaryAssets: A Anything a person designated to receive owns that has value. Assets can include things such as money or property in a will, benefit planland, investments, and personal belongings such as jewelry, furniture, or insurance policyand investments.

;Beneficiary: A person who is to receive money or property in a will, benefit plan, or insurance policy.Debts: What the deceased owed at deathMoney that a person owes. These may include For example, a credit card balancesbalance, loansa car loan, and mortgages. Also called “liabilities”or a mortgage.

;Estate: All of the property and belongings owned by the deceaseda person owns upon their death, with some exceptions. The estate does not include property owned with someone else jointly (such as a joint bank account) or property which that has a designated beneficiary (such as an insurance policy).

;Estate administratorExecutor: The person named in a will to carry out the instructions in the will and settle the will-maker’s affairs after they die.Grant of probate: A person appointed document issued by the court to take charge of an estate where in a probate application certifying that the will submitted by the executor is unable or unwilling to act, or there is no legally valid willand can be acted on.

;ExecutorIntermeddle: The person named To interfere in a will the affairs of others. In the context of an estate, to carry out the instructions in deal with the will and settle assets or liabilities of the will-maker’s affairs after they diedeceased.

;Grant of probateJoint tenancy: The court's certification A way that property can be owned where each owner has the same interest in a probate application that and an equal right to use the will submitted by property. Usually, when one joint tenant dies, their share automatically passes to the executor is legally valid and can be acted onother joint tenants.

;IntermeddledProbate: To interfere in the affairs of A legal procedure to confirm that a will is valid and can be acted on. It allows financial institutions and others. In to rely on the context of an estate, to deal with will as being the assets or liabilities of last will made by the deceased.

;ProbatePublic Guardian and Trustee: A public body established by law to protect the interests of British Columbians who lack legal procedure that confirms a will is legally valid and can be acted on. It allows financial institutions and others capacity to rely on the will as being the last will made by the deceasedprotect their own interests.

;Probate feesRenounce: In addition to any fees payable to begin a probate application, fees must be paid to the court based on the value of the estate before a grant of probate will be issuedTo decline an appointment as executor.

;RenounceResidue: To decline Whatever is left over in an appointment as estate after the executorpays all the debts and expenses and distributes any specific gifts.

;ResidueTrust: The residue A form of possession of property in which a person (the estate is whatever is left over after trustee) holds property for the executor pays all benefit of another person (the debts and expenses and distributes any specific giftsbeneficiary).

;TrustWill: A part legal document that gives instructions about who should receive the property of the estate that is set aside in the will to provide ongoing income for a beneficiary-maker after they die, often a childand on what conditions.

;Will: A legal document that leaves instructions about what the person making the will wants done with their assets and obligations after they die. ;Will-maker: A person who makes a prepares and signs a will.