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Estate Planning Crossword

Crossword Puzzle

Estate Planning vocabulary review for Personal Finance

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Recommended age: 14 years old
11 times made

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United States

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Crossword Puzzle

Estate Planning Crossword Online version

Estate Planning vocabulary review for Personal Finance

by Emma Adams
1

A signed letter that provides a detailed inventory of assets and liabilities, describes personal preferences about transfers of many odd pieces of personal property, and contains funeral and burial instructions

2

Property owned by the deceased individually, such as a car, jewelry, stocks

3

The value of the next best alternative that must be forgone as a result of a decision

4

Provides a clear plan for what should happen upon the death of an individual

5

Established by a legal document called a will

6

Concept that refers to satisfaction received from time given up

7

A person or institution who derives benefits from the creation of a trust, proceeds of an insurance policy, bond, or retirement fund when the owner dies. There can be one or more beneficiaries

8

A legal document that expresses a person's wishes regarding prolonging his or her life by artificial, extraordinary, or heroic measures when death is inevitable

9

Any money that a person owes others

10

Someone entrusted with managing an estate; includes executor, guardian, conservator and trustee

11

A person or institution named in a will to carry out the settlement of an estate. This person or institution pays the debts, manages the property and later distributes it according to the provisions of the will. Also known as a Personal Representative.

12

A man or woman who makes a will

13

The person who died

14

Giving up one thing for another

15

A person legally charged with the duty of taking care of another who, because of age intellect, or health, is incapable of managing his or her own affairs

16

A non-profit organization

17

The real and personal property that a person owns

18

A useful or valuable thing, person, or quality

19

A fundamental belief or practice about what is desirable, worthwhile, and important to an individual

20

A written document representing the instructions of the deceased for the distribution of the estate

21

A lifetime transfer of property without receiving payment

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