Estate & Compliance Glossary
Clear, advisor-friendly definitions for complex estate, tax, probate, and cross-border terms.
A
Actuarial Table (CRA/IRS)
Tables used to determine life expectancy-related valuations. RiGEL applies these deterministically rather than heuristically when modelling estate outcomes.
Audit Trail
A timestamped record of scenario inputs, rule applications, and user actions. Used to demonstrate compliance and reconstruct decisions.
B
Beneficiary Class
The relationship grouping used for tax treatment and distribution rules, such as spouse, child, or charity.
E
Employee Estate Support Event
An HR-triggered estate support workflow for employees handling a death in the family, often facilitated through benefits programs.
G
Governance Control Layer
The set of organizational rules enforced across users to ensure consistent, compliant use of RiGEL within an institution.
M
Matrimonial Real Property (MRP)
Property division rules applicable on reserve. RiGEL helps governance teams understand how MRP affects estate distributions.
P
Probate Exposure
The portion of an estate requiring court validation. RiGEL calculates this per jurisdiction using deterministic logic.
R
Residue
Assets remaining after debts, taxes, and specific gifts have been satisfied.
S
Section 87 (Indian Act)
A legal provision exempting certain property on reserve from taxation. RiGEL encodes Section 87 logic and reserve-specific analysis into its rules engine.
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