Estate Planning Glossary: E
Escheat: An assignment of property to the state because there is no verifiable legal owner.
Estate: Everything of value that a person owned prior to the time of death.
Estate tax: A tax placed on the net value of a decedent's estate at the time of death.
Executor or Executrix: A person named in the decedent's will to serve as personal representative in probating the decedent's estate.
At Munley, Munley & Cartwright, our goal is to provide exceptional legal services to our clients. We strive to achieve the highest standard of excellence for the protection of individual rights through team work and the use of our considerable resources and experience. For a free consultation regarding your legal concerns, contact us today for a free consultation or call us toll free at 877-421-9173.
