Estate Planning Glossary

Terms and definitions often used in Estate Planning.

Wills and Trusts

• Asset Protection Trust
• A/B Trust
• Certificate of Trust
• Charitable Trust
• Contesting a Will
• Declaration of Trust
• Disclaimer Trust
• Do It Yourself Will (DIY Will)
• Domestic Asset Protection Trust (DAPT)
• Dynasty Trust
• Exemption By-Pass Trust
• Foreign Trust Savings Provision
• Grantor Retained Annuity Trust (GRAT)
• Grantor Trust
• Gun Trust
• Holographic Will
• Intentionally Defective Marital Deduction Trust
• IRA Beneficiary Trust
• Irrevocable Life Insurance Trust (ILIT)
• Last Will and Testament
• Medicaid Trust
• NFA Firearms Trust
• Pet Trust
• Pour Over Will
• Residential Trust
• Revocable Living Trust
• Qualified Personal Residence Trust (GPRT)
• Qualified Income Trust
• QTIP
• QTIP with Clayton Election
• Testamentary Trust
• Trust
• Trust Situs
• Trustee
• Trustor
• Trust Administrator
• Trust Protector

Other Estate Planning Terms

• Health Care
  • Advance Health Care Directive
  • Health Care Agent
  • HIPAA Waiver
• Asset Protection Planning
• Assignment of Personal Property
• Beneficiary
• Business Succession Planning
• Conservatorship
• Executor of Estate
• Guardianship
• Heirs
• Inheritance Planning
• Intestate Succession
• Marital Property Agreement (Either Separate or Community)
• Personal Representative
• Power of Attorney
  • Durable Power of Attorney
  • Limited Power of Attorney
  • Springing Power of Attorney
• Probate
  • Probate Court
  • Probate Forms
• Reverse Mortgage
• Special Needs Planning
• Taxes
  • Estate Taxes
  • Gift Taxes
  • Generation Skipping Taxes (GST)