testamentary trust
trust established by the terms of a will . After the death of the testator , it becomes an irrevocable trust .
Testamentary Trust: A trust created under the terms of a will and takes effect on the death of the testator ...
Testamentary trust. A trust that is established within a person's will. This differs from an intervivos trust that is created during the grantor's lifetime.
Testamentary trust: Is a trust arising from the execution of one's Will. You retain ownership and control of your assets until death, upon which your specified assets are transferred into the trust free of gift duty.
Testamentary trust. See Trust.
Total return. A measure of investment performance that starts with price changes, then adds in the results of reinvesting all earnings, such as interest or dividends, ...
testamentary trust: A trust created by a will.
tick: A movement in price, either upward or downward.
ticker symbol: A letter combination issued to each class of stock in a publicly-traded company by the stock exchanges.
Testamentary trust: A trust created in a will. The trust comes into being only after the testator's/testatrix's death.
Time horizon: The amount of time that you plan to invest a sum of money.
A: A testamentary trust is created by a will, which begins its existence upon the death of the person making the will, when property is transferred from the decedent's estate. Testamentary trusts are generally simple or complex trusts.
See: Living Trust; Testamentary Trust
In The Money
Expression used for any option series with intrinsic value--the option's strike (exercise) price and market price of the underlying security are such that the holder can exercise the option at a ...
testamentary trust A trust that is embedded in a will. It only takes effect after the death of the grantor. testate To have a legally valid will at the time of death. Someone who dies without such a will is intestate.
TESTAMENTARY TRUST A trust created through the will of its creator. TESTATE When a person dies having left a will. Contrasted with intestate. TESTATOR The person making a will.
Portfolio (in banking)
Testamentary Trust (in banking)
Blind Trust (in banking)
Common Trust Fund (in banking)
Registrar (in banking)
Analyst (finance term)
Commingled Funds (in banking)
Segregation (in banking) ...
INTER VIVOS TRUST - A trust created between living persons. Antithesis of a testamentary trust.
INTER-AMERICAN DEVELOPMENT BANK - a multinational financial organization established in 1959 to encoura...
A trust created between living persons. Antithesis of a testamentary trust.
Intracommodity spread ...
Undertaking to act as executor, administrator, guardian, conservator, or trustee for a family trust, authorized trust, or testamentary trust, or receiver or trustee in bankruptcy.
Finance Charge: ...
At the death of the grantor the trust becomes irrevocable. In contrast, a will may contain a testamentary trust which comes into existence only when the probate court authenticates a deceased grantor's will and the provisions become irrevocable.
If you establish an irrevocable trust while you're still alive, it's called a living or inter vivos trust. If you establish the trust in your will, so that it takes effect at the time of your death, it's called a testamentary trust.
Issue ...
that approaches a support level or a resistance level established earlier by the market. A test is passed if prices do not go below the support or resistance level, and the test is failed if prices go on to new lows or highs.
Testamentary trust ...
Antithesis of a testamentary trust. Intrabudgetary transactions Effected when payment and receipt both occur within the budget, ...
 See also: Saving, Bills, Expense, Values, Banks
  
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