Glossary

Plain-language definitions for every term you will encounter. Browse by letter or filter by category.

Estate Terms7Probate44Financial45Legal Documents48Grief & Healing26Funeral & Memorial31

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4

A

Administrator

A person appointed by the court to manage an estate when there is no valid will or the named executor cannot serve.

Probate

Administratrix

A female administrator. While this term is becoming outdated, it still appears in some legal contexts.

Probate

Ancillary Probate

A secondary probate proceeding required in a state other than where the deceased was domiciled, typically when the person owned real property in another state.

Probate

Appraisal

A professional assessment of the fair market value of estate assets, particularly real estate, business interests, and valuable personal property.

Probate

Annual Exclusion

The amount that can be gifted to any individual each year without incurring gift tax or reducing the lifetime exemption.

Financial

AD&D

Accidental death and dismemberment insurance. Pays a benefit if death or certain injuries result from an accident. Separate from standard life insurance.

Financial

Anticipatory Grief

Grief that begins before a death occurs, often when a loved one has a terminal illness. It can include mourning future losses and preparing emotionally.

Grief & Healing

Ambiguous Loss

A loss that occurs without closure or clear understanding, such as when a loved one has dementia or a person is missing. The lack of finality complicates grieving.

Grief & Healing

Advance Directive

A legal document expressing a person's wishes about medical treatment in situations where they cannot communicate. Includes living wills and health care proxies.

Legal Documents

Anniversary Reaction

A resurgence of grief that occurs around significant dates related to the deceased, such as birthdays, death anniversaries, or holidays.

Grief & Healing

B

C

Certified Copy

An official reproduction of a death certificate bearing a raised seal or stamp from the issuing authority. Multiple certified copies are usually needed.

Estate Terms

Cause of Death

The medical reason for death as recorded on the death certificate. Determined by the attending physician, medical examiner, or coroner.

Estate Terms

Contingent Beneficiary

A backup beneficiary who receives assets only if the primary beneficiary is unable to do so, typically because they predeceased the account holder.

Financial

Codicil

A legal document that amends, modifies, or adds to an existing will without replacing it entirely. Must be executed with the same formalities as the original will.

Legal Documents

Claims Period

The legally specified time window during which creditors can file claims against an estate. The executor must notify known creditors and publish notice for others.

Probate

Creditor Claim

A formal request by a creditor for payment of a debt owed by the deceased. Claims must be filed within the claims period to be considered.

Probate

Charitable Deduction

A deduction from the taxable estate for assets left to qualified charitable organizations.

Financial

Community Property

A system in some states where most assets acquired during marriage are owned equally by both spouses regardless of whose name is on the title.

Legal Documents

Complicated Grief

A persistent, intense form of grief that does not improve over time and significantly impairs daily functioning. Also called prolonged grief disorder.

Grief & Healing

Continuing Bonds

A grief theory that describes maintaining an ongoing connection with the deceased through memories, rituals, or internal conversation. Seen as healthy and normal.

Grief & Healing

Celebration of Life

A gathering focused on honoring and remembering the positive aspects of the deceased person's life. Often less formal than a traditional funeral.

Funeral & Memorial

Cremation

The process of reducing a body to ashes through high-temperature burning. Cremation may be chosen for personal, financial, religious, or environmental reasons.

Funeral & Memorial

Columbarium

A structure with small compartments (niches) designed to hold urns containing cremated remains.

Funeral & Memorial

Casket

A container for burial of the deceased, typically rectangular with a hinged lid. Available in various materials from wood to metal.

Funeral & Memorial

Conservator

A person appointed by the court to manage the financial affairs of someone who is unable to do so themselves due to incapacity.

Legal Documents

Capital Gains

The profit from selling an asset for more than its cost basis. The stepped-up basis at death can significantly reduce capital gains tax for inherited assets.

Financial

Condolence

An expression of sympathy and sorrow for someone who is grieving. Condolences can be offered in person, by card, or through other meaningful gestures.

Grief & Healing

Cemetery

A designated area of land set aside for the burial of the dead. Cemeteries may be public, private, religious, or military.

Funeral & Memorial

Calling Hours

A scheduled time for friends and community to visit with the bereaved family, offer condolences, and pay respects. Similar to a visitation.

Funeral & Memorial

Comfort Care

Medical care focused entirely on relieving suffering and maintaining quality of life rather than treating the underlying disease.

Grief & Healing

Charitable Trust

A trust established to benefit a charitable organization. Can provide tax benefits to the estate while supporting a cause meaningful to the deceased.

Legal Documents

D

Death Certificate

An official document issued by a government authority recording the death of a person. Certified copies are needed for most financial and legal processes after a death.

Estate Terms

Death Notice

A brief published announcement of a death, usually containing less biographical detail than an obituary. May include service information.

Funeral & Memorial

Designated Beneficiary

The specific person or entity named to receive the proceeds of an account or policy. Designations typically override what is written in a will.

Financial

Domiciliary Probate

The primary probate proceeding conducted in the state where the deceased was legally domiciled at the time of death.

Probate

Date of Death Value

The fair market value of an asset on the date the owner died. This value establishes the tax basis for inherited assets.

Financial

Distribution

The transfer of estate assets to beneficiaries after debts, taxes, and expenses have been paid. Can be made in cash, property, or a combination.

Probate

Devise

A gift of real property (land or buildings) made through a will.

Legal Documents

Disenfranchised Grief

Grief that is not openly acknowledged or socially supported, such as grief over a miscarriage, pet death, estranged relationship, or non-traditional partnership.

Grief & Healing

Durable Power of Attorney

A power of attorney that remains in effect even if the principal becomes incapacitated. Like all powers of attorney, it ends at the principal's death.

Legal Documents

Decedent

The legal term for a person who has died. Used in probate, estate, and tax documents.

Legal Documents

Death Benefit

A payment made to beneficiaries upon the insured person's death, from a life insurance policy, pension, or other benefit plan.

Financial

Digital Assets

Online accounts, digital files, cryptocurrency, and other electronic property. Planning for digital assets is increasingly important in estate planning.

Estate Terms

Direct Cremation

Cremation performed shortly after death without a prior viewing or funeral service. The most affordable cremation option.

Funeral & Memorial

Direct Burial

Burial performed shortly after death without a prior viewing or formal funeral service. A simpler, lower-cost alternative to a traditional funeral.

Funeral & Memorial

Death Doula

A non-medical professional who provides emotional, spiritual, and practical support to a dying person and their family before, during, and after the death.

Grief & Healing

Death Tax

A colloquial term used to refer to estate tax or inheritance tax. Not an official legal term.

Financial

E

Estate

All of the property, assets, and debts owned by a person at the time of their death. The estate must be settled through probate or other legal processes.

Probate

Executor

The person named in a will to carry out its instructions, manage estate assets, pay debts, and distribute property to beneficiaries.

Probate

Executrix

A female executor. While the distinction is becoming less common in modern usage, some legal documents still use this term.

Probate

Escheat

The transfer of property to the state when a person dies without a will and without any identifiable heirs. A last resort in estate distribution.

Probate

Estate Inventory

A detailed list of all assets owned by the deceased at the time of death, along with their values. Typically required to be filed with the probate court.

Probate

Estate Tax

A tax on the transfer of a deceased person's estate, applied to the total value above the exemption threshold. Also called the death tax colloquially.

Financial

Estate Income Tax

Income tax owed on earnings generated by estate assets after the date of death, such as interest, dividends, and rental income.

Financial

Embalming

The process of preserving a body through chemical treatment to delay decomposition. Not legally required in most situations but may be needed for certain viewing arrangements.

Funeral & Memorial

Estate Planning

The process of arranging for the management and distribution of a person's assets during life and after death. Includes wills, trusts, powers of attorney, and beneficiary designations.

Legal Documents

Estate Settlement

The overall process of winding down a deceased person's affairs, including probate, paying debts, filing taxes, and distributing assets.

Probate

Ethical Will

A non-legal document in which a person shares their values, life lessons, hopes, and blessings for future generations. A complement to a financial will.

Legal Documents

Executor's Fee

Compensation paid to the executor for their work in managing the estate. The amount is set by state law or the terms of the will.

Probate

Eulogy

A speech given at a funeral or memorial service that honors and celebrates the life of the deceased.

Funeral & Memorial

End of Life Planning

The process of making legal, medical, and personal decisions about care and affairs before death. Includes advance directives, wills, and funeral preferences.

Legal Documents

Estate Sale

A sale of a deceased person's personal property, typically conducted at their home. Used to liquidate belongings not distributed to heirs.

Estate Terms

F

Fiduciary

A person who has a legal duty to act in the best interest of another party. Executors, trustees, and administrators are all fiduciaries.

Legal Documents

Fiduciary Duty

The legal obligation to act honestly, in good faith, and in the best interest of the estate or trust beneficiaries. Breach of fiduciary duty can result in personal liability.

Legal Documents

Formal Probate

A probate process that involves greater court oversight, typically required when the will is contested or there are disputes among heirs.

Probate

Federal Estate Tax

The estate tax imposed by the federal government on estates exceeding the lifetime exemption amount. Rates and exemptions change with legislation.

Financial

Form 706

The IRS form used to file the federal estate tax return. Required when the gross estate exceeds the filing threshold or to elect portability.

Financial

Final Income Tax

The income tax return filed for the period from January 1 to the date of death. Filed using Form 1040 for the decedent.

Financial

Form 1041

The IRS form used to file an income tax return for an estate or trust. Reports income earned by estate assets after the date of death.

Financial

Funeral Service

A ceremony honoring the deceased, which may include religious or secular elements, eulogies, music, and rituals. Can be held with the body present or after cremation.

Funeral & Memorial

Funeral Home

A business that provides death care services including preparation of the body, coordination of services, and guidance through the funeral planning process.

Funeral & Memorial

Funeral Director

A licensed professional who coordinates funeral arrangements, prepares the body, manages logistics, and guides families through the process.

Funeral & Memorial

Fair Market Value

The price at which an asset would change hands between a willing buyer and seller, neither under pressure to act. Used for estate tax and basis calculations.

Financial

Final Accounting

A detailed report filed with the probate court showing all financial transactions made by the executor, including income, expenses, and distributions.

Probate

G

Gross Estate

The total value of all assets owned by the deceased before subtracting debts, expenses, and deductions. Used for estate tax calculations.

Probate

Generation-Skipping Transfer Tax

A federal tax on transfers to beneficiaries who are two or more generations below the grantor, such as grandchildren. Prevents avoidance of estate tax through generation skipping.

Financial

General Bequest

A gift of a stated dollar amount or quantity from the estate that is not tied to a specific asset.

Legal Documents

Grief

The natural emotional response to loss. Grief can involve sadness, anger, confusion, numbness, and many other feelings. There is no right way or timeline to grieve.

Grief & Healing

Grief Process

The individual journey of working through grief over time. There is no universal pattern, though many models describe common experiences.

Grief & Healing

Grief Counseling

Professional support that helps individuals process grief in a healthy way, develop coping strategies, and adapt to life after loss.

Grief & Healing

Grief Therapy

More specialized therapeutic intervention for complicated or prolonged grief, often using evidence-based approaches to address symptoms that impair functioning.

Grief & Healing

Guardian

A person appointed by a court or named in a will to care for a minor child or incapacitated adult. Naming a guardian in a will is important for parents of young children.

Legal Documents

Gift Tax

A federal tax on transfers of money or property to another person while receiving nothing or less than full value in return. Subject to annual and lifetime exclusions.

Financial

Grave Marker

A stone, plaque, or monument placed at a burial site to identify the deceased and commemorate their life. Also called a headstone or tombstone.

Funeral & Memorial

Grief Trigger

An unexpected reminder of the deceased, such as a song, scent, place, or anniversary, that brings a sudden wave of grief.

Grief & Healing

Grief Journal

A personal writing practice used to process grief, record memories, and track the emotional journey of bereavement.

Grief & Healing

H

I

Irrevocable Trust

A trust that generally cannot be modified or revoked after it is created. Assets in an irrevocable trust are typically removed from the grantor's taxable estate.

Legal Documents

Intestate

Dying without a valid will. When someone dies intestate, their assets are distributed according to state intestacy laws.

Probate

Intestacy

The condition of dying without a valid will. Intestacy laws vary by state and determine how assets are distributed among surviving relatives.

Probate

Intestate Succession

The legal order in which relatives inherit assets when someone dies without a will. Typically prioritizes spouse and children, then parents, siblings, and more distant relatives.

Probate

Informal Probate

A streamlined probate process with minimal court involvement, available in some states for uncontested estates.

Probate

Insolvent Estate

An estate where debts and obligations exceed the value of assets. State law determines the priority order for paying creditors.

Probate

Inheritance Tax

A tax paid by the person receiving an inheritance, based on the amount received and their relationship to the deceased. Only some states impose this tax.

Financial

IRA

Individual retirement account. A tax-advantaged account for retirement savings. Beneficiary designations determine who inherits the account.

Financial

Inherited IRA

An IRA received by a beneficiary after the original owner's death. Distribution rules depend on the beneficiary's relationship to the deceased and the year of death.

Financial

Irrevocable Beneficiary

A beneficiary designation that cannot be changed without that beneficiary's consent. Less common than revocable designations.

Financial

Interment

The act of placing a body or cremated remains in a final resting place, whether a grave, mausoleum, or columbarium niche.

Funeral & Memorial

Inventory Filing

The formal submission of the estate inventory to the probate court, listing all assets and their values as of the date of death.

Probate

J

K

L

Letters Testamentary

A court document that authorizes the executor named in a will to act on behalf of the estate. Required by banks, brokerages, and other institutions.

Probate

Letters of Administration

A court document that authorizes an administrator to manage an estate when there is no valid will. The equivalent of letters testamentary for intestate estates.

Probate

Last Will and Testament

The formal legal name for a will. It expresses the testator's final wishes regarding the distribution of their estate.

Legal Documents

Living Trust

A trust created during the grantor's lifetime that holds assets and can avoid probate for those assets. Can be revocable or irrevocable.

Legal Documents

Lifetime Exemption

The total amount that can be transferred during life or at death without incurring federal estate or gift tax. The exemption is shared between gifts and estate.

Financial

Legacy

A gift left in a will, often used broadly to refer to any bequest or devise. Can also mean the lasting impact of a person's life.

Legal Documents

Life Insurance Proceeds

The death benefit paid by a life insurance policy to the named beneficiary. Generally not subject to income tax but may be included in the taxable estate.

Financial

Lump Sum Death Payment

A one-time payment of $255 from Social Security, paid to the surviving spouse or eligible child of a deceased worker.

Financial

Living Will

A document that specifies which medical treatments a person does or does not want if they become terminally ill or permanently unconscious.

Legal Documents

M

N

O

P

Probate

The legal process of validating a will, appointing an executor, paying debts, and distributing assets according to the will or state law.

Probate

Probate Court

The court with jurisdiction over the administration of estates, validation of wills, and appointment of executors or administrators.

Probate

Probate Process

The step-by-step legal procedure for settling an estate, from filing the will to final distribution of assets. Timelines vary by state and estate complexity.

Probate

Personal Representative

A general term for the person authorized to manage an estate, whether named in a will (executor) or appointed by the court (administrator).

Probate

Pour-Over Will

A will that directs any assets not already in a trust to be transferred (poured over) into the trust at death. Works in conjunction with a living trust.

Legal Documents

Per Stirpes

A method of distributing an estate where a deceased beneficiary's share passes to their descendants in equal portions.

Probate

Per Capita

A method of distributing an estate where each surviving beneficiary at a given generation level receives an equal share.

Probate

Portability

The ability of a surviving spouse to use any unused portion of the deceased spouse's federal estate tax exemption, effectively doubling the available exemption.

Financial

POD

Payable on death. A designation on a bank account that directs funds to a named beneficiary upon the account holder's death. Avoids probate.

Financial

Payable on Death

The full term for POD. The account passes directly to the beneficiary without probate when the owner dies.

Financial

Pension Survivor Benefit

Ongoing payments from a pension plan to the surviving spouse or designated beneficiary of a deceased plan participant.

Financial

Prolonged Grief Disorder

A clinical diagnosis for grief that remains intense and debilitating well beyond what is culturally expected, preventing the person from resuming daily life.

Grief & Healing

Power of Attorney

A legal document that grants one person the authority to act on behalf of another in financial or legal matters. It expires at death.

Legal Documents

Probate Bond

A type of surety bond that the court may require an executor or administrator to obtain, protecting the estate and beneficiaries from potential mismanagement.

Probate

Probate Avoidance

Strategies used to transfer assets outside of probate, including trusts, beneficiary designations, joint ownership, and TOD/POD designations.

Legal Documents

Pallbearer

A person who helps carry or escort the casket at a funeral. Honorary pallbearers walk alongside but do not carry the casket.

Funeral & Memorial

Pre-Need Planning

Arranging and sometimes paying for funeral services in advance. Pre-planning can reduce the burden on family members and lock in current prices.

Funeral & Memorial

Palliative Care

Specialized medical care focused on providing relief from symptoms, pain, and stress of a serious illness at any stage, not limited to end of life.

Grief & Healing

Probate Attorney

A lawyer who specializes in guiding executors and families through the probate process, estate administration, and resolving disputes.

Legal Documents

Perpetual Care

Ongoing maintenance of a burial plot or cemetery, funded by a portion of the plot purchase price placed in a dedicated fund.

Funeral & Memorial

Probate Fee

Court filing fees and other costs associated with the probate process. Amounts vary by state and estate size.

Probate

Q

R

S

Surviving Spouse

The husband or wife of the deceased who is alive at the time of death. A surviving spouse typically has significant inheritance and benefit rights.

Legal Documents

Survivor

A person who is alive after the death of another, often used in the context of insurance and benefit claims. May refer to a spouse, child, or other dependent.

Legal Documents

Self-Proving Will

A will that includes a notarized affidavit from the witnesses, which can speed up probate by eliminating the need for witnesses to testify in court.

Legal Documents

Successor Trustee

The person or institution designated to take over as trustee when the original trustee dies, becomes incapacitated, or resigns.

Legal Documents

Small Estate

An estate that falls below a state's threshold for full probate, qualifying for a simplified process such as affidavit transfer or summary administration.

Probate

Summary Administration

A simplified, faster probate process available for smaller estates or when a certain period has passed since the death. Requirements vary by state.

Probate

Supervised Probate

A probate process where the court closely monitors each step, including all asset sales and distributions. Required when there are concerns about the estate's management.

Probate

Solvent Estate

An estate where assets are sufficient to pay all debts, taxes, and expenses with assets remaining for distribution to beneficiaries.

Probate

Stepped-Up Basis

A tax provision that resets the cost basis of an inherited asset to its fair market value at the date of death, potentially reducing capital gains tax.

Financial

State Estate Tax

An estate tax imposed by individual states, which may have different exemption amounts and rates than the federal estate tax.

Financial

Specific Bequest

A gift of a particular, identifiable item in a will, such as a specific piece of jewelry, vehicle, or bank account.

Legal Documents

Stretch IRA

A strategy that previously allowed non-spouse beneficiaries to stretch inherited IRA distributions over their lifetime. Largely eliminated by the SECURE Act for most beneficiaries.

Financial

SGLI

Servicemembers Group Life Insurance. A low-cost group life insurance program for active-duty military members.

Financial

Social Security Survivor Benefits

Monthly payments from Social Security available to eligible survivors of a deceased worker, including spouses, children, and in some cases dependent parents.

Financial

Stages of Grief

A model originally proposed by Elisabeth Kubler-Ross describing five common grief responses: denial, anger, bargaining, depression, and acceptance. Not meant to be linear.

Grief & Healing

Support Group

A gathering of people who share a common experience of loss, providing mutual understanding, comfort, and practical advice. Can be in person or online.

Grief & Healing

Separate Property

Property owned by one spouse individually, typically acquired before marriage or received as a gift or inheritance during marriage. Treatment varies by state.

Legal Documents

Scattering

The act of dispersing cremated remains in a meaningful location, such as a garden, ocean, or other natural setting. Some locations require permits.

Funeral & Memorial

Survivor's Guilt

Feelings of guilt experienced by someone who survived an event or situation in which others died. Can complicate the grief process.

Grief & Healing

Secondary Loss

The additional losses that follow the primary loss, such as loss of income, companionship, routine, identity, or social connections.

Grief & Healing

SECURE Act

The Setting Every Community Up for Retirement Enhancement Act. Changed distribution rules for inherited retirement accounts, requiring most non-spouse beneficiaries to withdraw all funds within 10 years.

Financial

T

Testator

The person who creates a will. The testator must be of legal age and sound mind when the will is executed.

Legal Documents

Testatrix

A female testator. Like executrix, this term is becoming less common in modern legal practice.

Legal Documents

Trustee

The person or institution responsible for managing trust assets and distributing them according to the trust terms.

Legal Documents

Trust Administration

The process of managing and distributing trust assets after the grantor's death according to the terms of the trust document.

Legal Documents

Trust Funding

The process of transferring assets into a trust by changing title or beneficiary designations. An unfunded trust does not avoid probate.

Legal Documents

Tangible Personal Property

Physical items that can be touched and moved, such as furniture, jewelry, vehicles, art, and household goods. Distinguished from real property and financial assets.

Legal Documents

TOD

Transfer on death. A designation that allows an asset to pass directly to a named beneficiary upon the owner's death without going through probate.

Financial

Transfer on Death

The full term for TOD. Commonly used for brokerage accounts and, in many states, real property through a TOD deed.

Financial

Tenancy by the Entirety

A form of joint property ownership available only to married couples in some states, with automatic right of survivorship and creditor protection.

Legal Documents

Tribute

A public expression of respect, admiration, or gratitude for the deceased, which can take the form of speeches, donations, or memorial activities.

Funeral & Memorial

U

V

W

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