Testamentary Gift
/ˌtɛstəˈmɛnˌtɛri ɡɪft/
Definitions
- (n.) A gift of property or money made through a will, effective only upon the testator's death.
She left a testamentary gift of her house to her nephew in her will.
Forms
- testamentary gift
- testamentary gifts
Related terms
See also
Commentary
Testamentary gifts require formal testamentary instruments and take effect only after death, distinguishing them from inter vivos gifts made during the donor's lifetime.
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