Topic: Bequest Definition
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What is the definition of bequest?
A bequest can be a legacy; a sum of money committed to an organization and donated ... Read More »
Source: http://www.chacha.com/question/what-is-the-definition-of-bequest
What is legal definition of bequest ?
A gift of Personal Property, such as money, stock, bonds, or jewelry, owned by a decedent at the time of death which is directed by the provisions of the decedent's will; a legacy. A bequest is not the same as a devise (a testamentary gift ... Read More »
Source: http://legal-dictionary.thefreedictionary.com/bequest
What is legal definition of specific bequest ?
specific bequest n. the gift in a will of a certain article to a certain person or persons. Example: "I give my diamond engagement ring to my niece, Sophie." (See: will, bequest) Read More »
Source: http://legal-dictionary.thefreedictionary.com/specific+bequest
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Bequest Definition
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conditional bequest n. in a will, a gift which will take place only if a particular event has occurred by the time the maker of the will dies. Example: I write in my will that "Griselda will receive the nursery furniture if she has children...
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Source: http://legal-dictionary.thefreedictionary.com/conditional+bequest
Traditionally the proper definition of a bequest is a gift of personal property made under the terms of a Last Will and Testament. Today, however, bequest is commonly used to describe gifts of any type of property made under the terms of a ...
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Source: http://wills.about.com/od/termsbeginningwithb/g/bequest.htm