§ 601 Law Governing Interpretation; Testator\’s Intention Always\r\nParamount
§ 603 Several Testamentary Instruments to be Construed as One; Testator\’s Intention to be Given Fullest Effect Possible
§ 605 Every Expression Given Some Effect; Preference for Avoiding\r\nTotal Intestacy
§ 609 Clear Devises or Bequests Not Affected by Reasons Set Forth, Other Words in Will, Inferences, Arguments, and Inaccurate Recitals
§ 613 Words of Will to be Taken in Ordinary and Grammatical\r\nSense; Construction of Technical Words
§ 615 Word \”\”Heirs\”\” or Other Words of Inheritance Not Necessary to Devise Fee; Effect of Devise of Realty
§ 619 Rule of Worthier Title Abolished; Construction of Devise or\r\nBequest to Testator\’s Own Heirs or Next of Kin
§ 621 Effect of Devise of Land
§ 623 When After-Acquired Interests are Passed by Devise of Land; When Not
§ 625 Construction of References to Death or Survivorship
§ 627 Scope of Disposition to a Class; When Afterborn Child Takes
§ 629 Effect of Provision Directing Conversion of Real Property
§ 631 What is Included in Devise or Bequest of All Real or Personal\r\nProperty
§ 633 Effect of Disposition of Residue
§ 635 Death of Devisee of Limited Interest; Effect Upon Persons in\r\nRemainder
§ 637 Conditional Disposition Defined
§ 639 Condition Precedent: Definition; Construction; Operation
§ 641 Condition Subsequent: Definition; Operation
§ 643 Bequest of Interest or Income Accrues From Time of Death
§ 645 Legacies: Distinctions, Definitions and Designations
§ 649 Addition of such a Section is, however, necessary to clarify the distribution of income earned by an estate during the course of its administration

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Terms Used In Guam Code > Title 15 > Chapter 6 - Interpretation of Wills; Effects of Certain Provisions; Conditions and Remainders; Legacies and Interest

  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
  • Bequeath: To gift property by will.
  • Bequest: Property gifted by will.
  • Common law: The legal system that originated in England and is now in use in the United States. It is based on judicial decisions rather than legislative action.
  • Devise: To gift property by will.
  • Equitable: Pertaining to civil suits in "equity" rather than in "law." In English legal history, the courts of "law" could order the payment of damages and could afford no other remedy. See damages. A separate court of "equity" could order someone to do something or to cease to do something. See, e.g., injunction. In American jurisprudence, the federal courts have both legal and equitable power, but the distinction is still an important one. For example, a trial by jury is normally available in "law" cases but not in "equity" cases. Source: U.S. Courts
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Executor: A male person named in a will to carry out the decedent
  • Intestate: Dying without leaving a will.
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Legacy: A gift of property made by will.
  • Legatee: A beneficiary of a decedent
  • Personal property: All property that is not real property.
  • Precedent: A court decision in an earlier case with facts and law similar to a dispute currently before a court. Precedent will ordinarily govern the decision of a later similar case, unless a party can show that it was wrongly decided or that it differed in some significant way.
  • Probate: Proving a will
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
  • Statute: A law passed by a legislature.
  • Testator: A male person who leaves a will at death.