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Last will and testament
Last will and testamentA legal document in which an individual states a disposition of his / her real and personal property. This is to take effect after his / her death, and which can be revocable by the person while is living; the individual is called a testator. RELATED TERMS-------------------------------------- Legal That which is according to law. It is used in opposition to equitable, as the legal estate is, in the trustee, the equitable estate in the cestui que trust. States By this name are understood in some countries, the assembly of the different orders of the people to regulate the affairs of the commonwealth, as, the states general. Disposition French law. This word has several accept-ations; sometimes it signifies the effective marks of the will of some person; and at others the instrument containing those marks. Real 1) A term which is applied to land in its most enlarged signification. Real security, therefore, means the security of mortgages or other incumbrances affecting lands. 2) In the civil law, real has not the same meaning as it has in the common law. There it signifies what relates to a thing, whether it be movable or immovable, lands or goods; thus, a real injury is one which is done to a thing, as a trespass to property, whether it be real or personal in the common law sense. A real statute is one which relates to a thing, in contradistinction to such as relate to a person. Personal Belonging to the person. Property Property is commonly thought of as a thing which belongs to someone and over which a person has total control. But, legally, it is more properly defined as a collection of legal rights over a thing. These rights are usually total and fully enforceable by the state or the owner against others. It has been said that "property and law were born and die together. Before laws were made there was no property. Take away laws and property ceases." before laws were written and enforced, property had no relevance. Possession was all that mattered. There are many classifications of property, the most common being between real property or immoveable property (real estate such as land or buildings) and "chattel", or "moveable" (things which are not attached to the land such as a bicycle, a car or a hammer) and between public (property belonging to everybody or to the state) and private property. Take This is a technical expression which signifies to be entitled to; as, a devisee will take under the will. To take also signifies to seize, as to take and carry away. Effect The operation of a law, of an agreement, or an act, is called its effect. Death Cessation of life; extinction of political existence. Person This word is applied to men, women and children, who are called natural persons. Testator One who has made a testament or will. SIMILAR TERMS-------------------------------------- Last resort A court of last resort, is one which decides, definitely, without appeal or writ of error, or any other examination whatever, a suit or action, or some other matter, which has been submitted to its judgment, and over which it has jurisdiction. Last sickness That of which a person died. The expenses of this sickness are generally entitled to a preference, in payment of debts of an insolvent estate. PREVIOUS AND NEXT TERMS-------------------------------------- Lawsuit cash advance A financial agreement by which a lender advances cash to a person and will be repaid when the litigation is over and he or she has obtained the seeked redress or economic compensation. Lawsuit settlement Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims. Liability A person or organization's extent of responsibility for a loss. An item of value that is part of the overall debt or obligation of a person or business. Legal assistance Assistance on juridical issues that a lawyer usually conducts with his clients, persons which are not familiarized with legal aspects and terms. Living will A legal document in which a person states, in advance of final illness or injury, her or hir wishes regarding procedures and equipment designed to extend life or not. Last will and testament Legal will A legal document in which a person states his will on how to use his belongings after he will pass away. The legal will, normally, includes real estate, personal objects and wishes dispositions written down by the deceased during his lifetime. Levenson, Leonard New York lawyer. Lindner & Lindner Philadelphia law firm. Leon & Schulmann LLP Law firm in Dallas, Texas. We thank you for using the Juridical Dictionary to search for Last will and testament. If you have a better definition for Last will and testament than the one presented here, please let us know by making use of the suggest a term option. This definition of Last will and testament may be disputed by other professionals. Our attempt is to provide easy definitions on Last will and testament and any other medical topic for the public at large.
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