What does the term 'testament' commonly refer to?

The term "testament" is commonly understood to refer to a will, particularly one that pertains to personal property. A will is a legal document that specifies how an individual's assets and properties are to be distributed upon their death, making it a critical component of estate planning. This document formally expresses the wishes of the testator regarding the disposition of their belongings, which is why it fits the definition of a testament.

In legal contexts, the term "last will and testament" is often used interchangeably, reinforcing its association with end-of-life asset distribution and personal property management. This distinction emphasizes the personal nature of the contents and the individual's intentions, rather than merely serving as a general legal declaration or contractual agreement, which other options suggest. Understanding the significance of a testament in the context of land surveying or property management aids professionals in recognizing the importance of legal documentation in property transfers and rights.