survival clause

survival clause. Wills & estates. A testamentary provision conditioning a bequest on a beneficiary’s living for a specified period, often 60 days, after the testator’s death. • If the beneficiary dies within the stated period, the testamentary gift usu. accrues to the residuary estate. — Also termed survivorship clause. Cf. SIMULTANEOUS-DEATH CLAUSE.

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词条贡献者

译者崇载，国际名校知识产权法专业，擅长翻译各种与知识产权相关的法律文件。