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Estate Planning Definitions & Glossary

Below is a helpful list of terms and words found on this site or related to estate and trust planning.
B
Beneficiary
A person who receives the benefits of a trust or of transfers under your will as provided for in the document.
Bequest
Any property transferred under your will or trust.
Board Certified Wills, Trusts & Estates Attorney
In many states refers to an attorney who has met practice, continuing education and rigorous testing requirements. 
Bypass Trust
See Credit Shelter Trust
The Family Estate & Legacy Solution, 9100 College Pointe Court, Fort Myers, FL 33919 • tel: 239.334.1141 • fax: 239.334.3965 • email: info@familylegacysolution.com
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Disclaimer: The information contained on this site shall not be construed as legal advice, as the information is general in nature and is not specific to any individual client or jurisdiction. No attorney/client relationship shall be established in the use of this site.While every effort is made to keep the information up to date, there is no warranty, expressed or implied, that the information contained herein is current. One should always consult with his or her own qualified estate planning attorney before acting on any legal or tax matter.