Testamentary disposition
Wills, trusts and estates |
---|
Part of the common law series |
Wills |
Sections Property disposition |
Trusts |
Common types Other types
Governing doctrines |
Estate administration |
Related topics |
Other common law areas |
A testamentary disposition is any gift of any property by a testator under the terms of a will.
Types
Types of testamentary dispositions include:
- Gift (law), assets that have been legally transferred from one person to another
- Legacy, testamentary gift of personal property, traditionally of money but may be real or personal property
- Life estate, a concept used in common and statutory law to designate the ownership of land for the duration of a person's life
- Demonstrative legacy, a gift of a specific sum of money with a direction that is to be paid out of a particular fund
See also
References
This article is issued from Wikipedia - version of the 5/2/2010. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.