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Today's Terms
Beneficiary
Definition:
A person designated to receive the income or principal of a trust estate.
Health care directive
Definition:
A legal document that lets others know one's wishes regarding medical care and treatment, funeral arrangements, organ donation, and other health care concerns.
Heir
Definition:
Those persons, including a spouse who are entitled to the property of a decedent when the decedent has left no valid will.
More Probate Terms >
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