Glossary and Definitions of Terms Used in NJ Estate Planning and Wills

Vocabulary words have meaning both in life and in the law. Below I have listed the most frequent terms used in this website and what each word means. The terms are listed in alphabetical order. I am certain this glossary will be of assistance to you in your reading.

If we at Hanlon Niemann & Wright can be of assistance to you now or in the future, please do not hesitate to contact me (855) 376-5291 or e-mail me at fniemann@hnlawfirm.com.

Administrator – A person appointed by the court to manage and distribute the estate of a person who dies without a Will in New Jersey.

Caveat – A formal notice given by someone to prevent the proving of a Will or the grant of administration of an estate.

Codicil – An addition, supplement, or change to an original Will.

Estate – All property and possessions owned by a person.

Executor/Executrix – The person named in a Will to carry out the intentions expressed in the Will.

Guardian – One entrusted by the laws of New Jersey with the care of a minor or mental incompetent of their property.

Intestate – When someone dies without a Will in New Jersey.

Intestate Succession – The New Jersey statutory priority of distribution of an estate without a Will.

Personal Property – Both intangible possessions, such as stocks, bonds, or bank accounts, and tangible property, like a car, furniture and personal effects.

New Jersey Probate – Official proof of authenticity and/or validity of a Will issued by the County Surrogate of NJ.

Real Property – Land or buildings.

Testator/Testatrix – Person making a Will

Will – A legal declaration of the way in which a person wishes his or her estate to be distributed after death.

 

Fredrick P. Niemann Esq.

Have questions about Elder Care? If so, call our office today. Ask for Mr. Niemann to personally discuss your questions and individual situation toll-free at (855) 376-5291 or e-mail him at fniemann@hnlawfirm.com.

Written by Fredrick P. Niemann, Esq. of Hanlon Niemann & Wright, a Freehold Township, Monmouth County, New Jersey Estate Planning and Wills Attorney

Estate Planning and Wills Attorney serving these New Jersey Counties:

Monmouth County, Ocean County, Essex County, Cape May County, Camden County, Mercer County, Middlesex County,
Bergen County, Morris County, Burlington County, Union County, Somerset County, Hudson County, Passaic County