R Residuary Estate
This is the balance of an estate after all debts, taxes and specific legacies have been paid. It is shared out according to the terms of the Will or intestacy rules (if there is no Will)
T Tenants in common
If property is owned jointly as tenants in common, each co-owner has a defined share in the property which on their death, will pass in accordance with their Will or intestacy rules. It does not pass automatically to the surviving co-owner
Testator / Testatrix
The person making a Will or Codicil
This is an arrangement under which property is held by named people for the benefit of someone else
A person who holds property for the benefit of someone else
Flint Bishop LLP is a limited liability partnership registered in England and Wales.
Registered number OC317931. Registered office: St Michael's Court, St Michael's Lane, Derby DE1 3HQ.
Authorised & regulated by the Solicitors Regulation Authority. A full list of members is available at the registered office