Estate Law

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January 1, 1 6 min read Definitions

Marital Deduction Estate Planning Federal Estate Tax Spousal Transfer Wealth Transfer Inheritance Tax Exemption Estate Law

The tax-free amount transferred to one’s spouse upon death, allowing unlimited transfers without federal estate tax.

Read more about Marital Deduction.

January 1, 1 6 min read Definitions

Testatrix

Testatrix Will Estate Planning Legal Terminology Inheritance Probate Estate Law Gender-Specific Legal Terms

A testatrix is a woman who has made a legal will to manage the distribution of her property upon death. The term comes from the Latin word 'testātrīx,' the feminine form of 'testātor,' and is specifically used to indicate that the individual is female.