Distribution of asssets "in kind" generally means that the asset itself is distributed to a beneficiary as opposed to the asset being sold with the cash being distributed. An example is where an estate has physical assets like stock certificates or real estate. The beneficiaries can normally request that they get the certificates or property (in kind) or that those assets be sold by the executor with the cash being distributed.
It is the normalised Gaussian distribution. To speak of a 'standard z' distribution is somewhat redundant because a z-score is already standardised. A z-score follows a normal or Gaussian distribution with a mean of zero and a standard deviation of one. It's these specific parameters (this mean and standard deviation) that are considered 'standard'. Speaking of a z-score implies a standard normal distribution. This is important because the shape of the normal distribution remains the same no matter what the mean or standard deviation are. As a consequence, tables of probabilities and other kinds of data can be calculated for the standard normal and then used for other variations of the distribution.
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