Glossary Group: I
Income
The earnings from principal, such as interest, rental payments, dividends...
Interest of a Beneficiary
The right to receive income or principal provided in the terms...
Intestacy
Occurs when an individual dies without a valid last will...
Inventory
A detailed list of a decedent’s assets that is filed...
Irrevocable Trust
A trust that cannot be terminated or revoked or otherwise modified...