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Simple English definitions for legal terms
testament
Read a random definition: mortgage note
A quick definition of testament:
A testament is a legal document that tells people what to do with someone's things after they die. It's like a letter that says who should get what. There are different types of testaments, like ones that are written by hand, ones that are spoken out loud, and ones that are made by more than one person. Some testaments are not allowed if they don't follow certain rules.A more thorough explanation:
Definition: A legal document that outlines how a person's property and assets will be distributed after their death.
Examples:
- Conditional will: A will that only takes effect if a certain event occurs, such as the death of a specific person.
- Holographic will: A will that is handwritten by the testator, without the need for witnesses.
- Mutual will: Two separate wills that have identical or similar provisions, often made by a husband and wife.
Explanation: A testament is a legal document that allows a person to specify how their property and assets will be distributed after their death. There are different types of wills, such as a conditional will that only takes effect if a certain event occurs, a holographic will that is handwritten by the testator, and a mutual will that has identical or similar provisions made by two people. These examples illustrate the different ways a person can create a testament to ensure their wishes are carried out after they pass away.