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

资深译员Calvin，毕业于亚洲一流的高级翻译学院，擅长翻译各类与复杂技术交易相关的法律文件。