• Administrator - the person/s appointed by the court in the event of no will.
• Beneficiary - someone who receives or shares in the proceeds from a deceased person’s estate.
• Death certificate - an official document issued by the Registry of Births, Deaths and Marriages containing the information registered when someone passes away, including the date, place and cause of death.
• Deceased estate - the property and assets of someone who has passed away.
• Executor - the person/s named in a will to take charge of the deceased’s assets and property.
• Last will and testament (will) - a legal document in which a person specifies how they wish their estate to be distributed after their passing.
• Letter of administration - a document granted by the Supreme Court, giving authority to an administrator to collect and distribute the assets of the estate, in the absence of a valid will.
• Next of kin - a person's closest living relative or relatives.
• Probate - a document issued by the Supreme Court that confirms the validity of a will, and authorises the executor/s to act. 

For more information on CommSec estate management, please click here.