What is the Meaning & Definition of testament

Referred to as testament to a document by which an individual has assets once it has died. Thus, a will is the expression of the wishes of a person, constituting a legal action conducted unilaterally and free. In terms of the set of goods that leaves a person by Testament, is often called it heritage.
They have the right to make a will those people indicated by law; the criterion that is usually adhered to this power is the concerning the rational and intellectual capacity to make this decision, criteria that safeguard the freedom of the person. As for the people who receive the inheritance, these may be natural or legal.
There are different types of wills, the interested person choosing to which consider best. One of them is the Holograph Testament, which is one that is written, dated and signed by the testator himself; Another is the public Testament, which surrenders or dictates to a notary in the presence of witnesses; and finally, there is the so-called "closed" testament, which is delivered to a notary, is saved in a list and on which style is an act that indicates the will of the testator about what the envelope contains.
The possibility of personal assets to pass to third parties has resulted in unusual situations that were documented throughout history. An example can give it the case of Charles Vance Millar, who was last will bequeath a part of its heritage, previously converted into money, women who had more children in the course of the ten years after the death; Finally, there were four winners, each of them having nine children.
Finally, it should be noted that a will concerns both the life of the testator and his death. Indeed, while the will stated in a will shall be made after the death, in personal terms already those decisions is live in the present tense, i.e. already in the you can now enjoy its consequences.Article contributed by the team of collaborators.

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