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Estate Planning Trusts Terminology

AB
AdministratorPersonal representative appointed by the court
Estate AdministratorPersonal representative of decedent to settle affairs
ExecutorPerson appointed by a testator to serve as personal representative
Inter Vivos TrustTrust created by a grantor, not by a will
Intestacy LawsState statutes that decree hwo property will be distributed for people without a will
IntestateDying without a will
ProbateProving and validating a will
Testamentary trustTrust created by a will, i.e., a will that has trust language in it
TestateDying with a will
TestatorPerson who makes a valid will
TrustProperty transfer arrangement
RevocableA trust that can be amended or cancelled
IrrevocableA trust that cannot be amended or cancelled; unchangeable
RCW Title 11The Washington state statute that deals with wills and probate
Uniform Probate Code (UPC)Suggested codes or rules for states to use as a model so there is consistency among states

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