Two Key Characteristics of a Process Are: Scheduling / Execution

question 40

Short Answer

Two key characteristics of a process are: scheduling / execution and ________.

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Definitions:

Escheats

The process by which unclaimed or abandoned property reverts back to the state.

Surviving Relatives

Family members who remain alive after an individual has passed away, often considered in legal contexts for inheritance or benefits.

Executor

The individual appointed to administer the estate of a deceased person in accordance with their will.

Testamentary Trust

A legal mechanism specified in a will that comes into effect upon the death of the individual, and dictates how their assets are allocated.