Briefly Explain Active Directory Two-Way Transitive Trusts

question 19

Essay

Briefly explain Active Directory two-way transitive trusts.

---

Definitions:

Remainderman

An individual who inherits or is entitled to inherit property upon the expiration of a life estate.

Estate Accounting

The process of preparing and managing the financial records of an individual's estate following their death, including the calculation of assets, liabilities, and distribution to heirs.

Probate

The legal process through which a deceased person’s will is validated and the estate is settled, involving distribution of assets and payment of debts.

Dies Intestate

A legal term describing a situation where a person passes away without having made a valid will, thus leaving their estate to be distributed according to the laws of intestacy.