conditional bequest

conditional bequest
In a will, a gift that will occur only if a stated condition is met. For example, a will clause that says "I give my house to my daughter Sarah if she is married."
Category: Wills, Trusts & Estates → Wills

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

conditional bequest
   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: Ruth's will provides that "Griselda will receive the nursery furniture if she has children at the time of my death." This is slightly different from an executory bequest, which could provide for a gift to a beneficiary upon the happening of a specified event. Example of an executory bequest: a trust provides "Betty shall receive the house held in trust when she marries."
   See also: bequest, executory

Law dictionary. . 2013.

Look at other dictionaries:

  • conditional bequest — See conditional legacy or devise …   Ballentine's law dictionary

  • conditional bequest — One the taking effect or continuing of which depends upon the happening or non occurrence of a particular event …   Black'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

  • conditional — I adjective alterable, changeable, conditioned, containing stipulations, contingent on, dependent on, depending on, depending on a future event, determined by, equivocal, granted on certain terms, hypothetical, imposing a condition, indefinite,… …   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

  • 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

  • conditional — That which is dependent upon or granted subject to a condition. As to conditional acceptance conditional appearance conditional bequest conditional contract conditional delivery conditional devise conditional fee …   Black's law dictionary

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