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Conservator
A person or entity who is appointed by the court to exercise certain powers for the care of an incapacitated person, the person's estate, or both.
Guardian
A person or entity who is appointed by the court to exercise many powers for the care of an incapacitated person, the person's estate, or both.
Living Trust
A living trust is an estate planning device that allows a person to transfer assets to one or more persons before and after they die.
Health care directive
A legal document that lets others know one's wishes regarding medical care and treatment, funeral arrangements, organ donation, and other health care concerns.
Probate
The process of settling your estate after you die, including paying creditors and heirs, and validating a will (if there is one).
Revocation
In terms of wills, the process or act of canceling or destroying an existing will.
Estate
All of the property owned by a person, including real estate and personal property.
Decedent
A person who is deceased.
Jointly held bank account
A bank account that is held by two or more people each of whom has a right of survivorship.
Payable on death account (POD)
An account, such as a bank account, that is handed over to a specified person upon another person's death.
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