Testamentary capacity - The legal ability to make a will.
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Testamentary Trust: A trust set up by a will.
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Testamentary Trust at Legal Glossary What is it? A trust created by a will, effective only upon the death of the willmaker.
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Testamentary Trust definition:
A trust created by a will and which takes effect upon the death of the testator.
Related Terms: Bare Trust, Blind Trust ...
Testamentary Capacity
It is a legal term referred to persons' full senses and mental sanity to have confirmed and signed the will after understanding what his assets comprises of and what he/she is doing by creating a will.
Letters Testamentary: Document issued by the probate court giving the executor authority to administer the estate.
Liabilities: The amounts owed to another by any person, family, or business (i.e. a mortgage).
Letters Testamentary: Legal document issued by a court that shows an executor's legal right to take control of assets in the deceased person's name.
Testamentary capacity - The legal ability to make a will.
Testamentary trust - A trust set up by a will.
Testator - Person who makes a will (Female: testatrix).
Testamentary Trust:
A trust which is to take effect only upon the death of the settlor and is commonly found as part of a will. Trusts which take effect during the life of the settlor are called inter vivos trusts.
TESTAMENTARY TRUST: A trust created by the provisions in a will. Typically comes into existence after the writer of the will dies.
TESTATOR: The person who makes a will.
TITLE: Ownership of property.
TESTAMENTARY. Belonging to a testament; as a testamentary gift; a testamen-tary guardian, or one appointed by will or testament; letters testamentary, or a writing under seal given by an officer lawfully authorized, ...
testamentary guardian In probate, a guardian named in a person's will.
testamentary trustee In probate, a person appointed as trustee in a person's will, or a person appointed by the court to serve as a trustee of a trust created by a will.
LETTERS TESTAMENTARY The formal instrument of authority and appointment given to an executor by the court, empowering him to discharge his office as executor.
LIABILITY A legal obligation, responsibility or duty.
testamentary trust
n. a trust created by the terms of a will. Example: "The residue of my estate shall form the corpus (body) of a trust, with the executor as trustee, for my children's health and education, ...
undue
Testamentary Intent
Hermetic corpus (philosophy)
Anita Brookner (English writer, critic & artist)
Duress (legal term)
independent judiciary
vitiate
Undue Influence (1996 Crime Film)
irritability
Cancellation of an Instrument (legal term) ...
Testamentary Of or pertaining to wills or other instruments intended to be operative only upon the death of the person executing them.
In testamentary causes, all documents of any kind, such as wills, codicils, drafts or instructions of same must be filed in the form of affidavits (termed affidavits of scripts).
In Anglo-American law, the three principal classes of guardianship over children are testamentary, by nature, and by judicial appointment. In the first, statutes give parents the right to appoint a guardian by will.
as a result of a contract for sale of land or testamentary instructions to sell real estate and divide the proceeds ...
executor - A person appointed by a testator to carry out the directions and requests in his will, and to dispose of the property according to his testamentary provisions after his decease. "Personal representative" includes "executor." ...
holographic will: a testamentary instrument, will, in the handwriting of the testator. Idaho allows holographic wills; not all states do. The technical requirements for a valid holograph vary from state to state.
When a party is bound to elect between a paramount right and a testamentary disposition, his acquiescence in a state of things which indicates an election, when he was aware of his rights will be prima facie evidence of such election.
It can be contrasted with the testamentary trust, which is to take effect only upon the settlor's death. Another example is the sale of a life estate which can only occur between persons living; i.e. inter vivos.
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Will
A dispositive document prepared by or at the direction of a testator of sufficient testamentary capacity, indicating how property is to be disposed of as of the date of death.
An inter vivos trust takes effect while the testator is alive. whereas a testamentary trust takes effect upon the settlor's death. Another example is the sale of a life estate which can only occur between living persons.
To apply for and secure; to procure; as to "take out" a license, letters of administration or letters of testamentary, a policy of insurance, a writ of any kind. 5. The technical word in a precept ordering an arrest. 6.
DISTRIBUTEE -- One who receives property from a personal representative (but not a creditor or purchaser); a testamentary trustee to the extent of assets remaining in his/her hands; a beneficiary taking through a trustee.
a plaintiff's allegation is true. If a defendant admits an allegation, the plaintiff need not prove it at trial. 3) In a criminal case, to state that a certain fact is true or to acknowledge guilt. 4) At trial, to allow, inter alia, testamentary or ...
Inter vivos: (Latin: between living persons) An inter vivos trust is set up to take effect while the settlor is still alive (as opposed to a testamentary trust, which takes effect only on the settlor's death).
 See also: Will, Person, Law, Court, Property
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