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Health care directive
A legal document that lets others know one's wishes regarding medical care and treatment, funeral arrangements, organ donation, and other health care concerns.
Probate
The process of settling your estate after you die, including paying creditors and heirs, and validating a will (if there is one).
Escheat to the state
When no heirs have made claims to either all or part of an estate, the state receives the unclaimed estate.
Joint tenancy
A property held in joint tenancy is owned by two or more people who have an undivided interest in the property, and the interest continues even after the other owners die.
Revocation
In terms of wills, the process or act of canceling or destroying an existing will.
Attorney-in-fact
This person receives the powers allocated in a power of attorney, such as a right to handle another person's financial matters.
Decedent
A person who is deceased.
Heir
Those persons, including a spouse who are entitled to the property of a decedent when the decedent has left no valid will.
Payable on death account (POD)
An account, such as a bank account, that is handed over to a specified person upon another person's death.
Conservator
A person or entity who is appointed by the court to exercise certain powers for the care of an incapacitated person, the person's estate, or both.
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