Trusts & Estates
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Trusts & Estates
You Can Call Me Ray, or You Can Call Me J: Common Terms with Different Names
By: Mary Merrell Bailey, JD, CPA, MBA, MSTaxation, MSAccounting
Estate Planning is a specialized field with its own vocabulary. Often, the same idea is known by multiple names, which can be particularly confusing to our clients and non-attorney colleagues. Use this glossary as a brief cheat-sheet of some familiar concepts and their frequent pseudonyms.
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