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Estate Administration Basics

When a person dies, the property he or she holds in their own name is called an Estate. A Will is a legal document that names the person or persons appointed as estate trustee (formerly known as an executor/executrix) and sets out how you want your assets will be distributed. The authority for administering the

Gifts Made During Lifetime

Inter vivos gifts are gifts made by a person during his or her lifetime, as opposed to leaving gifts in a Will (inter vivos is Latin for “between the living”). Inter vivos gifts are sometimes disputed, with the allegation being the gift giver was “unduly influenced” by the recipient of the gift – often a
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