Definitions for "Testamentary" Add To Word List
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At death, usually a directive that is triggered by the death of a donor via a will or trust document.
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Of or by a will. For example, a "testamentary trust" is a trust created by a will.
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a legal document that is utilized after the loss of life of a shareholder
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An instrument or documents is testamentary when it is written or made so as to take effect after the death of the person making the instrument or document.
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Established under a will to take effect at death.
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Disposition by will.
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The passing of property by will. A testamentary document is one disposing of property at the death of the testator.
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Provisions for after-death disposition of assets as set forth in a will.
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