The term testament refers to a legal document that outlines the distribution of a person's assets after their death. It is also known as a will. A testament typically includes the name of the testator, their wishes for the distribution of their assets, and names of beneficiaries. It is a legally binding document that ensures that the testator's assets are distributed according to their wishes. The word testament is derived from the Latin word "testamentum," which means a witness or evidence. In some cases, a testament may also include instructions or conditions for the beneficiaries, such as requirements to receive their inheritance. Overall, a testament is an essential part of estate planning to ensure that one's wishes are carried out after their death.
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