Terms Used In Maryland Code > ESTATES AND TRUSTS > Title 1 > Subtitle 1 - Definitions and Use of Terms; Purposes of Titles 1-12

• Administrator: includes an executor and a personal representative. See
• Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
• Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. ^{Source: OCC}
• Contract: A legal written agreement that becomes binding when signed.
• County: means a county of the State or Baltimore City. See
• Decedent: A deceased person.
• Executor: includes an administrator and a personal representative. See
• Executor: A male person named in a will to carry out the decedent
• Fiduciary: A trustee, executor, or administrator.
• Guardian: A person legally empowered and charged with the duty of taking care of and managing the property of another person who because of age, intellect, or health, is incapable of managing his (her) own affairs.
• including: means includes or including by way of illustration and not by way of limitation. See
• Intestate: Dying without leaving a will.
• Legacy: A gift of property made by will.
• Legatee: A beneficiary of a decedent
• minor: means an individual under the age of 18 years. See
• Person: includes an individual, receiver, trustee, guardian, personal representative, fiduciary, representative of any kind, corporation, partnership, business trust, statutory trust, limited liability company, firm, association, or other nongovernmental entity. See
• Personal property: All property that is not real property.
• Personal representative: includes an administrator and an executor. See
• Probate: Proving a will
• state: means :
  
  (1) a state, possession, territory, or commonwealth of the United States; or
  
  (2) the District of Columbia. See
• Testate: To die leaving a will.
• Trustee: A person or institution holding and administering property in trust.