TERMIUM Plus®
The Government of Canada’s terminology and linguistic data bank.
TESTAMENTARY TRUST [2 records]
Record 1 - internal organization data 2023-03-14
Record 1, English
Record 1, Subject field(s)
- Law of Trusts (common law)
- Law of Succession (civil law)
- Finance
Record 1, Main entry term, English
- testamentary trust
1, record 1, English, testamentary%20trust
correct
Record 1, Abbreviations, English
Record 1, Synonyms, English
Record 1, Textual support, English
Record number: 1, Textual support number: 1 CONT
A testamentary trust is created in accordance with the instructions in a person's last will and testament and outlines when assets will be given to certain named beneficiaries. Unlike a living trust, a testamentary trust goes into effect after one's death. The testamentary trust definition outlines three main parties: a grantor, a trustee, and the beneficiary. The grantor, or person creating the trust, appoints the trustee to manage assets before they are ultimately given to the beneficiary. 2, record 1, English, - testamentary%20trust
Record 1, French
Record 1, Domaine(s)
- Droit des fiducies (common law)
- Droit successoral (droit civil)
- Finances
Record 1, Main entry term, French
- fiducie testamentaire
1, record 1, French, fiducie%20testamentaire
correct, feminine noun
Record 1, Abbreviations, French
Record 1, Synonyms, French
Record 1, Textual support, French
Record number: 1, Textual support number: 1 CONT
La fiducie testamentaire est établie par le testament et son existence débute seulement au décès du testateur. Ainsi, le testament indique les modalités de fonctionnement de la fiducie, les bénéficiaires, les fiduciaires et les directives que ces derniers devront suivre après le décès du testateur. Donc, la totalité ou une partie des biens du testateur seront remis au décès à un ou des fiduciaires qui en feront la gestion pour les bénéficiaires. 1, record 1, French, - fiducie%20testamentaire
Record 1, Spanish
Record 1, Textual support, Spanish
Record 2 - internal organization data 2016-05-06
Record 2, English
Record 2, Subject field(s)
- PAJLO
- Law of Trusts (common law)
- Law of Estates (common law)
Record 2, Main entry term, English
- testamentary trust
1, record 2, English, testamentary%20trust
correct
Record 2, Abbreviations, English
Record 2, Synonyms, English
Record 2, Textual support, English
Record number: 2, Textual support number: 1 DEF
A trust that is created by a will and takes effect when the settlor (testator) dies. 2, record 2, English, - testamentary%20trust
Record 2, French
Record 2, Domaine(s)
- PAJLO
- Droit des fiducies (common law)
- Droit successoral (common law)
Record 2, Main entry term, French
- fiducie testamentaire
1, record 2, French, fiducie%20testamentaire
correct, feminine noun, standardized
Record 2, Abbreviations, French
Record 2, Synonyms, French
Record 2, Textual support, French
Record number: 2, Textual support number: 1 DEF
Fiducie créée par testament et qui produit ses effets au moment du décès du testateur. 2, record 2, French, - fiducie%20testamentaire
Record number: 2, Textual support number: 1 OBS
fiducie testamentaire : terme normalisé par le Comité de normalisation, Promotion de l'accès à la justice dans les deux langues officielles (PAJLO). 3, record 2, French, - fiducie%20testamentaire
Record 2, Spanish
Record 2, Textual support, Spanish
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