Tuesday, December 2, 2008

Letter E: Legal terms

Escrow: money paid into an account in the name of a third party which is then released once certain conditions have been fulfilled

Estate: a person's assets minus their liabilities at any given time

Evidence: everything used to determine the assertion of truth

Executor: person named in a will to dispense the estate person, this is not to be confused with the beneficiary

Exhibit: evidence and or documents provided to a court to support a claim

These terms are brought to you by the Atlanta Accident Attorneys.

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