general bequest

general bequest
general bequest see bequest

Merriam-Webster’s Dictionary of Law. . 1996.

general bequest
A bequest to be paid out of the general assets of an estate rather than a particular thing or money.

The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. . 2008.

general bequest
A bequest of money in a will. Compare: specific bequest
Category: Wills, Trusts & Estates → Estates, Executors & Probate Court
Category: Wills, Trusts & Estates → Wills

Nolo’s Plain-English Law Dictionary. . 2009.

Look at other dictionaries:

  • general bequest — One not segregated or withdrawn from estate under terms of will but to be paid in money or property as latter directs. Gift payable out of general assets of estate, not amounting to a bequest of particular thing or money. Feder v. Weissman, 81… …   Black's law dictionary

  • general bequest — See general legacy …   Ballentine's law dictionary

  • bequest — be·quest /bi kwest/ n: an act of bequeathing; also: something bequeathed: legacy de·mon·stra·tive bequest /di män strə tiv /: a bequest of a particular amount of money or property to be distributed first from one source in the estate and then… …   Law dictionary

  • general — gen·er·al / jen rəl, je nə / adj 1: involving, applicable to, or affecting the whole 2: involving, relating to, or applicable to every member of a class, kind, or group 3: not confined by specialization or limitation 4: relating to, determined by …   Law dictionary

  • bequest — /bakwest/ A gift (transfer) by will of personal property; a legacy. Disposition of realty in will is termed devise. See also charitable bequest demonstrative bequest devise general bequest legacy …   Black's law dictionary

  • Bequest — A bequest is the act of giving (not the act of receiving) property by will.[1] Strictly, bequest is used of personal property, and devise of real property. In legal terminology, bequeath is a verb form meaning to make a bequest. (From Old English …   Wikipedia

  • general legacy — noun : a testamentary gift of tangible or intangible personal property not amounting to a bequest of specific money or of a particular thing and not identified by a description that sets it apart from all other assets of the same kind in the… …   Useful english dictionary

  • demonstrative bequest — A testamentary gift which, by its terms, must be paid from a specific fund; e.g. bequest of one thousand dollars to be paid from testator s shares of stock in X Corporation. Hence, it is partly a general bequest and partly a specific bequest. See …   Black's law dictionary

  • residuary bequest — In a will, the gift of whatever is left over after all specific and general gifts are given. For example, John gives his house and his stocks to his wife, and leaves everything else to his daughter the gift of everything else is the residuary… …   Law dictionary

  • charitable bequest — A bequest is charitable if its aims and accomplishments are of religious, educational, political, or general social interest to mankind and if the ultimate recipients constitute either the community as a whole or an unascertainable and indefinite …   Black's law dictionary

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