- In this Act, unless the context otherwise requires,—

(a) "assets " means all the property, movable and immovable, of a deceased person, which is chargeable with and applicable to the payment of his debts and legacies, or available for distribution among his heirs and next-of-kin;

(b) "letters of administration " includes any letters of administration whether general or with a copy of the will annexed or limited in time or otherwise;

(c) "next-of-kin " includes a widower or widow of a deceased person, or any other person who by law would be entitled to letters of administration in preference to a creditor or legatee of the deceased; and

(d) "prescribed " means prescribed by rules made under this Act.