TESTAMENTARY TRUST

A trust that is created by a will and takes effect upon the death of the testator. … [Read more...] about TESTAMENTARY TRUST

The intent of the testator when making the will. … [Read more...] about TESTAMENTARY INTENT

civil law. A testamentary heir is one who is constituted heir by testament executed in the form prescribed by law. He is so called to distinguish him from the legal heirs, who are called to the succession by the law; and from conventional heirs, who are so constituted by a contract inter vivos. See Haeres factus; Devisee. … [Read more...] about TESTAMENTARY HEIR

Leaving property in a will. … [Read more...] about TESTAMENTARY DISPOSITION

Being of sufficiently sound mind to be able to write a valid will. The mental capacity that one needs to have in order to execute a will and also to possess at time the will is signed. The maker of a will must fully understand and appreciate the nature of what is contained within the will, the property he or she possesses and who the will maker's beneficiaries are at those … [Read more...] about TESTAMENTARY CAPACITY