Nuncupative Will
Definition of 'Nuncupative Will'A verbal will that must have two witnesses and can only deal with the distribution of personal property. A nuncupative will is considered a "deathbed" will, meaning that it is a safety for people struck with a terminal illness and robbed of the ability or time to draft a proper written will. |
|
Investopedia explains 'Nuncupative Will'Nuncupative wills are usually considered invalid, especially when they contradict an existing legal will. |
Related Definitions
Articles Of Interest
-
Bursting Boomers' Inheritance Dreams
Waiting for a big payload from an aging relative? The chance of cashing in is lower than you think. -
15 Insurance Policies You Don't Need
Learn how to save money by saying "no" to unnecessary coverage. -
An Estate Planning Must: Update Your Beneficiaries
Life changes make it time to rewrite your plan's designations. -
Skipping-Out on Probate Costs
Don't let bad estate planning lead to unnecessary costs and stress for your inheritors. -
Estate Planning Basics
Deciding what will happen to your assets when you pass away is a must - no matter how wealthy you are. -
Why You Shouldn't Die In 2013
Increases in estate tax rates and possible fiscal cliff implications will make things more difficult when it comes to arrangements for your death. -
Tax-Efficient Wealth Transfer
Taxpayers with large taxable estates were required to take steps to reduce them before 2011. -
What To Do When You're Left Out Of A Will
Discover the legal steps you can take if you are left out of a will and if fighting is worth the effort. -
Tax-Saving Advice For IRA Holders
Be informed about benefits and deductions that may apply to you and avoid costly mistakes on your return. -
Relationships And Retirement Planning
Older couples have many things to consider when it comes to financial planning, including wills and estate planning.
Free Annual Reports