INTESTACY

Intestacy

Intestacy is the condition of the estate of a person who dies owning property greater than the sum of their enforceable debts and funeral expenses without having made a valid will or other binding declaration. Alternatively this may also apply where a will or declaration has been made, but only applies to part of the estate, the remaining estate forms the "Intestate Estate."

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intestacy

Noun

  1. The state of being intestate, or of dying without having made a valid will.


The above text is a snippet from Wiktionary: intestacy
and as such is available under the Creative Commons Attribution/Share-Alike License.

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