Examlex
What happened during Washington's first term?
Executor
An individual or institution appointed to execute the terms of a will, managing the estate of the deceased according to the will's instructions.
Probate Court
A segment of the judiciary system that deals with matters such as the validation of wills, distribution of a deceased person's assets, and guardianships.
Beneficiaries
Individuals or entities entitled to receive benefits or assets from a trust, will, or insurance policy.
Principal of an Estate
The total assets of an estate before debts and liabilities are subtracted.
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