Business Definition for: testate distribution
Dictionary of Insurance Terms
testate distribution ...
3281 Loan Dictionary - I group - Intersegment Revenue, Interstate Banking, Interstate Land Sales Act, Interstate Land Sales Full Disclosure Act, Interval, Interval Ownership, Intervention, Intestate, Intestate Succession, Intra Vires ...
Testate
A person who dies having made a will is described as 'testate'.
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Testate:
Refers to a person who has died leaving a vailid will
Testator/Testatrix: ...
Intestate
This means dying without a will, in which case the provincial laws of the province in which the death occurred apply to the manner in which assets will be distributed.
INTESTATE
To die without a valid will. The decedent's property passes to his heirs according to the priorities set forth under the laws of descent.
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Intestate
A person who dies without a will is said to have died intestate.
intestate Dying without a legal will. Distribution is overseen by a probate court. Also known as in intestacy. opposite of testate.
intestate The legal term for dying without a valid will. investment The purchasing of stocks, bonds, mutual funds, options, real estate, etc., made with the expectation of future income or capital gains.
TESTATE When a person dies having left a will. Contrasted with intestate. TESTATOR The person making a will.
If a person dies intestate, i.e., without a valid will, statutes determine how her property is divided up among her relatives; if no relatives can be found, the property escheats (i.e., goes to the government).
See intestate....(Read more)
Intestate
The situation which exists when a person dies without making a will. The person is then said to have died intestate....(Read more)
Intraday
A term meaning within the day and referring to stock prices.
Testate
Testator
The Depository Institutions Deregulation and Monetary Control Act of 1980 (MCA)
Theoretical futures price
Theoretical spot rate curve
Theta
Three-phase DDM
Thrift Institutions Advisory Council (TIAC)
Thrift institutions ...
If you die without making a Will (dying 'intestate'), the law dictates how your estate will be passed on.
Administrator. A person appointed by a court to settle the estate of a person who has died without a will (intestate). The term is administratrix if the person is a female. An administrator serves the same function as an executor.
Administrator: An individual or trust appointed by a probate court to handle the estate of a person who died intestate (without leaving a valid will).
A will may also cover other wishes, such as who should take care of your children. You should always enlist professional help when drafting a will. If you die without a will ("intestate"), your assets will be distributed according to provincial law.
Failing natural heirs of an intestate freedman, the master, now patron, succeeded to his property at his death; and he could dispose by will of only half his possessions, the patron receiving the other half.
 See also: Intestate, Expense, Saving, Values, Acquisitions
  
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