Terminology Flashcards

1
Q

Intestacy

A

refers to the circumstance of a person dying without a will.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

Intestate Distribution

A

involves distribution of a decedent’s assets not according to a will but according to a statute.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

Decedent

A

is a deceased individual.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

Heir

A

is a person statutorily entitled to inherit the decedent’s property when the decedent dies without a will.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

Lineal descendants

A

refer to both persons directly descended from the decedent (children, grandchildren, etc.), including children who are conceived before, but are not born until after, the death of the decedent, and to a decedent’s adopted children.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

Lineal ascendants

A

refer to those from whom the decedent is descendant (e.g., parents, grandparents, etc.).

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

Collateral heirs

A

refer to descendants of the decedent’s grandparents who are not also descendants of the decedent (e.g, the decedent’s siblings, uncles, aunts, and cousins).

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

Intestate Estate

A

refers to any part of the decedent’s estate that is not effectively distributed by a valid will (and is thus distributed by intestate succession).

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

Testacy

A

refers to the circumstance of a person dying with a will.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

Testate Estate

A

refers to that part of the decedent’s estate that is distributed according to the terms of a valid will.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

Testator

A

is a person who executes a valid will.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

Devises

A

are terms referring to testamentary gifts of property pursuant to the decedent’s will.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

Testamentary Disposition

A

refers to the making of a gift in a will, in which case the gift will be distributed through the probate process.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

Probate Estate

A

refers to anything that passes through the will.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

Non-Probate Assets

A

are interests in property that will pass at the decedent’s death outside the will.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

Per stirpes

A

means that the descendants of a deceased person take by representation the share that the deceased person would have taken had he survived to be an heir.

Florida follows a strict per stirpes rule, determining stirpital shares at the first generational level, whether or not there are any living takers at that level.