Examlex
Useful ratios for benchmarking a firm's capital structure include
Intestate
A legal term describing the status of an individual who dies without a valid will, leading to their estate being distributed according to statutory laws.
Heirs
Individuals legally entitled to receive a portion of a deceased person's estate according to the law or the will of the deceased.
Spouse
A partner in marriage or a civil union, often sharing social, legal, and financial responsibilities.
Probate
The legal process by which a deceased person's will is validated and their property is distributed to heirs.
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