Will

Will

Will means:
a legal document that serves as a key vehicle of transfer at death. Within the document are specific instructions as to the disposition of the estate and the designated executor (executrix). If a person does not prepare a will, state law will govern the disposition of his or her property after death.

See also other Tax Terms and Definitions in U.S.A.

intestate; escheat; testament.

See Inheritance Tax and Inheritance Tax.


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