Testamentary disposition

A testamentary disposition is any gift of any property by a testator under the terms of a will.

Types

Types of testamentary dispositions include:

• Gift (law), assets that have been legally transferred from one person to another
• Legacy, testamentary gift of personal property, traditionally of money but may be real or personal property
• Life estate,^[1] a concept used in common and statutory law to designate the ownership of land for the duration of a person's life
• Demonstrative legacy, a gift of a specific sum of money with a direction that is to be paid out of a particular fund

See also

• Testator
• Codicil (will)