Archives: Glossary Terms
Testamentary
Relating to a will or other document effective at death.
Testator
A testator is a person who has written and executed...
Transfer on Death Designation
A beneficiary designation for property that allows for the automatic transfer...
Trust
An entity created to hold assets for the benefit of certain...
Trust Instrument
A document that creates a trust and sets out the terms under which...
Trustee
In its broadest sense, the term trustee can refer to any person...
Uniform Transfers to Minors Act (UTMA)
Transfers to minors can pose significant challenges...
Virtual Representation
Many modern trust laws include provisions to allow competent adults to speak...
Will
See Last Will & Testament.