Examlex
A SWOT analysis would provide a definitive answer as to whether a firm's growing footprint in overseas markets is a strength or weakness.
Executor
An individual appointed in a will to manage the estate of the deceased, ensuring that all debts are paid and assets are distributed according to the will.
Escheat
A legal process where unclaimed or forfeited property reverts to the state if there are no claimants or heirs.
Probate
The legal process of administering the estate of a deceased person, resolving all claims, and distributing the deceased person's property under a will.
Testamentary Trust
A trust that is created according to the instructions in a person’s will to manage assets for beneficiaries after the person's death.
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