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Terms Used In 15 Guam Code Ann. § 411

  • Probate: Proving a will
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
  • Testator: A male person who leaves a will at death.
If a testator who has made a testamentary disposition of property subsequently places a charge or encumbrance on such property for the purpose of securing the payment of money or the performance of any covenant or agreement, neither such a charge or encumbrance nor a conveyance, settlement or other act of the testator, by which his interest in any such property is altered but not fully divested, is a revocation of

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15 Guam Code Ann. ESTATES AND PROBATE
CH. 4 REVOCATION OF WILLS

such testamentary disposition; but such property, subject to such charge or encumbrance, or the testator’s remaining interest in such property, passes by the will.

SOURCE: Probate Code of Guam (1970), § 78.