• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar

Ambler Keenan Mitchell Johnson

Estate Planning Law Firm

  • Facebook
  • LinkedIn
  • YouTube
CALL US TODAY 303-407-1542
  • Home
  • Our Firm
    • About Our Firm
    • About The American Academy
    • Advantages of Working With Our Firm
    • Attorney and Staff Profiles
    • Client Testimonials
    • Mission Statement
  • Services
    • Asset Protection & Business Planning
    • Estate and Gift Tax Figures
    • Estate Planning Services
    • Family-Owned Businesses & Farms
    • Incapacity Planning
    • IRA & Retirement Planning
    • Legacy Planning
    • LGBTQ Estate Planning
    • Pet Planning
    • SECURE Act
    • Special Needs Planning
    • Trust Administration & Probate
  • Seminars
  • Elder Law
    • Are You A Caregiver
    • Coping With Alzheimer’s
    • Guardianship & Conservatorship
    • Hospice Care
    • Veteran’s Benefits
  • Resources
    • Estate Planning Articles
    • Estate Planning Resources
      • Estate Planning Checkup
      • Is Your Estate Plan Outdated?
      • Reports
        • Advanced Estate Planning
        • Basic Estate Planning
        • Estate Planning for Niches
        • Trust Administration
      • Top 10 Estate and Legacy Planning Techniques
    • Frequently Asked Questions
      • Estate Planning FAQ’s
      • Frequently Asked Questions for Families Without an Estate Plan
      • Legacy Wealth Planning FAQ’s
      • LGBTQ Estate Planning Frequently Asked Questions
      • Trust Administration & Probate Frequently Asked Questions
    • LGBTQ Resources
    • Multimedia
    • Newsletters
    • Speaker Connection
    • Special Needs Resources
    • Trust Administration & Probate Resources
      • Bereavement Resources
      • How to Know if You Need Extra Help With Your Grieving
      • The Mourner’s Bill of Rights
      • Things You Need To Do When a Loved One Passes Away With a Trust
      • Things You Need To Do When a Loved One Passes Away With a Will
      • Trust Administration & Probate Definitions
  • Contact Us
  • BLOG
Home Estate Planning Roles in Estate Planning, Wills, Trusts, Probate, and Trust Administration

Elizabeth D. Mitchell June 10, 2014

Roles in Estate Planning, Wills, Trusts, Probate, and Trust Administration


How do you follow all of the legal jargon used in estate planning documents? Not to mention, how do you answer your attorney’s questions when you aren’t even sure what they are talking about? At Ambler Keenan Mitchell Johnson in Denver, Colorado, we do our best to make sure the process of planning your estate is as comfortable and uncomplicated as possible. This week, we have included descriptions of some of the words used in estate planning, probate, and trust administration. If, after reading this, you still have questions. Feel free to call our office to inquire about a free, no-obligation consultation at 303-407-1542 Personal Representative/Executor: A personal representative (in other states it may be called an executor, executrix, or administrator) is the person appointed by your will and the probate court to administer the estate of the deceased. The Personal Representative has a duty to protect and account for the assets in the estate. Testator/Testatrix: This is the man (testator) or woman (testatrix) who creates a will Fiduciary: A person who has a legal and ethical duty to be prudent with another’s finances and assets (example: Personal Representative). Beneficiary: A person, group, or organization who is designated to receive money, assets, or property under a will or trust. Decedent: Individual who has passed away. Donor: Person or organization who is gifting an asset to another person or organization. Donee: The person or organization who receives the gift, see Donor. Trustor: A person who creates a trust Trustee: The person appointed to be responsible for the assets in a Trust. When the person who established the trust is alive they serve as the trustee of their own trust, or a trustee is appointed when a trustor becomes incapacitated, or has passed away. Grantor: A person who transfers an asset into a trust Now that you have added some estate planning, probate, and trust administration vocabulary to your toolbox, you may feel more confident about speaking with an attorney at Ambler Keenan Mitchell Johnson to assist with your needs.

Call 30-407-1542 to discuss a free consultation!

Primary Sidebar

Blog Subscription

News

Trust or Will

Updating Your Plan: Your Trust or Will

As we enter the new year year, it’s a good time to think about updating your plan. This includes your entire plan, including your primary vehicle, … [Read More...] about Updating Your Plan: Your Trust or Will

Powers of Attorney

Updating Your Plan: Powers of Attorney

As we enter the new year, it’s a good time to think about updating your plan. This includes your entire plan, including Powers of Attorney. Powers of … [Read More...] about Updating Your Plan: Powers of Attorney

public charity

It’s Better to Give, Especially This Year

Normally, you must itemize your deductions in order to benefit from them. In 2020, the standard deduction amount is $12,400 for individuals and … [Read More...] about It’s Better to Give, Especially This Year

Office Hours

Monday7:30 AM - 5:00 PM
Tuesday7:30 AM - 5:00 PM
Wednesday7:30 AM - 5:00 PM
Thursday7:30 AM - 5:00 PM

Where we are

Ambler Keenan Mitchell Johnson
950 S. Cherry St., Suite 1650
Denver, CO 80246
United States (US)
Phone: (303) 407-1542
Fax: (303) 321-1899

Map

map for Ambler Keenan Mitchell Johnson office

© 2021 · American Academy of Estate Planning Attorneys, Inc. | Disclaimer | Privacy Policy | Sitemap | Contact Us