letter of testamentary
Definition
A letter granting permission to the executor of a deceased person's estate to perform tasks associated with the distribution of assets. A letter of testamentary may be written prior to death or issued by the probate court.
Related Articles
- Market Timing Strategy of Buying Stock *
- Finding and Executing the Best Real Estate Deals *
- Introduction to the Federal Reserve and its Structure *
- Getting Started with Investments and Financial Planning *
- Introduction to Bonds *
- Introduction to Banking *
- Types of Advanced Options *
- Types of Accounts Typically Offered by Banks *
Related Videos
http://www.businessdictionary.com/definition/letter-of-testamentary.html


