Testator
The person who creates and signs a will. The testator must be of legal age (usually 18) and of sound mind. A female testator is sometimes called a testatrix.
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Executor
A person named in a will to carry out the deceased person's wishes, including distributing assets, paying debts, and managing the estate through probate. Also called a personal representative.
Beneficiary
A person or entity designated to receive assets, benefits, or proceeds from a will, trust, insurance policy, or other legal arrangement.
Probate
The legal process of validating a will and administering a deceased person's estate. Probate involves proving the will is valid, inventorying assets, paying debts, and distributing remaining assets to beneficiaries.
Disclaimer
This definition is for informational purposes only and does not constitute legal advice. Consult a licensed attorney for specific guidance.