Wills & probate

Wills & probate

Industry: Legal services

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Wills & probate

de facto

Legal services; Wills & probate

Used to refer people who don't have an official legal role, but are treated as if they have. For example, couples who are not legally married, but living together as if married. "De facto ...

deed

Legal services; Wills & probate

A written, signed legal document which sets out things to be done. It is used most often in the context of real estate where transactions are in writing and signed.

deed of variation

Legal services; Wills & probate

A legal document that allows the beneficiaries to change the terms of a will, even after the person’s death.

deposition

Legal services; Wills & probate

The official statement by a witness taken in writing as opposed to when taken verbally.

discretionary trust

Legal services; Wills & probate

A trust where the trustee has full power to decide when and which members of a group of beneficiaries are to receive their income or capital.

estate

Legal services; Wills & probate

All of one’s property and possessions including stocks and shares etc.

estate administration

Legal services; Wills & probate

The process through which a person’s assets (property, bank accounts, stocks and shares for example) are distributed according to the deceased’s wishes.