Definition of DISPOSITION: (noun) / a transfer of property by a person during life or by will.
Plain English translation: A transfer of ownership of property. The transfer can occur during one’s lifetime or through a will or trust where the transfer occurs upon death (also known as a testamentary disposition).
“She disposed of her property through her last will, which contained three dispositions. The house was given to her son. The bank account was given to her granddaughter. And the rest was given to her husband.”
“The trust contained a disposition to Anthony of $100,000.00.”
Do You Need The Help Of An Estate & Trust Litigation Attorney In The New York Metro Area?
If you need legal help with an estate issue you should speak with an experienced estate litigation attorney as soon as possible. Contact us online or call our New York City office directly at 212.227.2424 to schedule your free consultation. We proudly serve clients throughout New York and northern New Jersey including Brooklyn, Manhattan, Queens, Staten Island, The Bronx, Nassau County and Westchester County.