Glossary

E

Eea

Eea

An economic area encompassing all the members of the European Union (EU) and the European Free Trade Association (EFTA), with the exception of Switzerland.

Estate

Estate

The assets and commitments/liabilities of the deceased. Total value of everything, including property.

Executor (exor)

Executor (exor)

The person/people named in the will who is/are responsible for dealing with the estate and making sure that it’s settled according to its terms.