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Probate Final Part 2

Horizontales
Power of attorney that appoints an agent to handle one's financial affairs
Person named in a Will to manage a person's estate
Requires a future interest to vest within 21 years
How Medicaid tests eligibility for benefits
Proceeding used when a person dies without a Will
Trust created for a person with disabilities so they retain government benefits
When a person sees a lawyer to make a Will and prepare advance directives
Appointed by the Court to represent unknown heirs
Special Needs and Millers Trust are
Person who creates a Living Trust
Trust property and assets
Verticales
The jurisdiction of a trust
Clause in a Will that serves as a safety net
Highest ownership interest in real property
Conveys or transfers real property
A person's closet living family members
What a valid Will must be
Property ownership interest that comes with rights of survivorship
What an Executor receives to legally manage an estate
Relationships that arise from marriage
Named in a medical power of attorney
What a Living Trust is
A special gift, such as a piece of jewelry, given in a Will
Are no good after a person dies
Deed that conveys a life estate interest
What happens to a person's estate when there are no heirs
Probate applications must be
A way to avoid probate and provide lifetime income for a beneficiary
A trust created for a person whose income is over the limits allowed by Medicaid