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WillA document which sets out how a person wishes his/her estate or property to be dispersed after his/her death. The document must be signed by the testator/testatrix (the person making the will) in the presence of two witnesses who must also sign. An executor (female form executrix) or executors are appointed by the testator to ensure that his/her wishes are carried out.Similar MatchesGoodwillGoodwillThe value of a business to a purchaser over and above its net asset value. It reflects the value of intangible assets like:reputationbrand namegood customer relationshigh employee moraleand other factors which improve the company's business.Goodwill is normally given a value in a company's balance sheet, but is depreciated over a period of time. Nuncupative WillNuncupative WillAn oral will, usually in a deathbed situation, before witnesses who later testify to its authenticity. Tenancy at willTenancy at willThe occupancy of property by a tenant for an unspecified period. The tenancy can be terminated by either the landlord or tenant at any time. GoodwillGoodwillExcess of purchase price over fair market value of net assets acquired under the purchase method of accounting. Tenant At WillTenant At WillOne who holds possession of premises by permission of the owner or landlord, but without agreement for a fixed term of possession. Further SuggestionsWilliams ActOwner Will Carry Mortgage Willingness to pay Living will |
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