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Wills & probate

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Wills & probate

bequest

Legal services; Wills & probate

The stipulation in a will to leave a certain amount of money or a percentage of the entire estate to an individual or organization.

buy-sell agreement

Legal services; Wills & probate

In a jointly-owned business, this is the agreement between the two (or more) owners for what will occur if one of them dies, in terms of disposing of the shares belonging to the deceased.

codicil

Legal services; Wills & probate

A legal document which acts as modifier on an existent will.A separate document in place of the original will.

custodian of the will

Legal services; Wills & probate

The person in posession of the will when the owner dies.

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