Search results
Results from the WOW.Com Content Network
Inheritor – a beneficiary in a succession, testate or intestate. Intestate – person who has not created a will, or who does not have a valid will at the time of death. Legacy – testamentary gift of personal property, traditionally of money. Note: historically, a legacy has referred to either a gift of real property or personal property.
These wills were the peculiar privilege of patricians. At a later time the form of plebeian will developed (irs/amentum per aes ci libram), and the law of testamentary succession was further modified by the influence of tile practor, especially in the direction of recognition of fideicommissa similar in some respects to testamentary trusts.
Intestate succession of property; procedures for making, interpretation, and revocation of wills (includes Statutory rule against perpetuities and Uniform Simultaneous Death Act) 3 Probate of Wills and Administration: Procedural rules for the probate process 4 Foreign Personal Representatives and Ancillary Administration
In common law jurisdictions, probate is the judicial process whereby a will is "proved" in a court of law and accepted as a valid public document that is the true last testament of the deceased; or whereby, in the absence of a legal will, the estate is settled according to the laws of intestacy that apply in the state where the deceased resided at the time of their death.
Joint wills and mutual wills are closely related terms used in the law of wills to describe two types of testamentary writing that may be executed by a married couple to ensure that their property is disposed of identically.
In both states any such will is void one year after that member's discharge from service "unless the testator ... does not then possess testamentary capacity" under Maryland law [47] and for one year after the testator regains testamentary capacity under New York law. [48] [42] New York also recognizes holographic wills made by mariners at sea ...
The Wills Act 1837 (7 Will. 4 & 1 Vict. c. 26) is an Act of the Parliament of the United Kingdom that confirms the power of every adult to dispose of their real and personal property, whether they are the outright owner or a beneficiary under a trust, by will on their death (s.3).
Legacy, testamentary gift of personal property, traditionally of money but may be real or personal property Life estate , [ 1 ] a concept used in common and statutory law to designate the ownership of land for the duration of a person's life