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testamentary document means a will, a draft of a will, written instructions for a will made by or at the request of, or under the instructions of, the testator, and any document purporting to be evidence of the contents, or to be a copy, of a will which is alleged to have been lost or destroyed.
Definition of testamentary 1. of or relating to a will or testament. 2. derived from, bequeathed, or appointed by a will.
A letter of testamentary is a court-ordered document that grants the executor of an estate the authority to manage the deceased persons assets.
A mental competency clause: Also known as a testamentary capacity clause. It addresses the mental state or capacity of the person creating the document.
Testamentary trust example ing to the trust terms you laid out, after your death, your best friend will manage the trust funds and make decisions in your childs best interest until they reach the age of 25. At that point, the trust will terminate, and your child will receive the money.

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A Testamentary Trust is a legal document created in your last will and testament upon passing that controls the distribution of your assets to your beneficiaries after your death ing to your wishes. Updated September 3, 2024.

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