- Annuity
- A fixed sum payable at specified intervals.
- Beneficiary
- The person who receives the benefits of a trust, or the recipient of the proceeds of a life insurance policy.
- Bequest
- In wills and estates, the gift part of the estate to a beneficiary.
- Charitable Trust
- A trust established for charitable purposes.
- Executor (or Personal Representative)
- A person named in a will to carry out the provisions of that will.
- Guardian
- A trust created by a will, which is scheduled to occur after the will maker's death.
- Power of Attorney
- A written document given b one person or party to another, authorizing the latter to act for the former
- Testamentary Trust
- A trust created by a will, which is scheduled to occur after the will maker's death.
- Trust
- A fiduciary relationship calling for a trustee to hold the title to assets for the benefit of the beneficiary.
- Trustee
- An individual or company who manages assets on behalf of another.
- Will
- A document stating how and to whom a person wants his/her property transferred after death.
- Independent legal and accounting/tax planning advice should be sought when drafting your will
