General bequest
Term · Law · MLC-T-LAW-002283
A gift of property made in a will that is payable out of the general assets of the estate, rather than from a specific, identifiable asset. This type of bequest does not specify a particular item or fund. For example, a gift of "$10,000 to my niece" is a general bequest, as opposed to a specific bequest of a particular painting.
| Identifier | MLC-T-LAW-002283 |
|---|---|
| Field | Law |
Record as JSON
{
"id": "MLC-T-LAW-002283",
"term": "General bequest",
"field": "Law",
"definition": "A gift of property made in a will that is payable out of the general assets of the estate, rather than from a specific, identifiable asset. This type of bequest does not specify a particular item or fund. For example, a gift of \"$10,000 to my niece\" is a general bequest, as opposed to a specific bequest of a particular painting.",
"url": "https://mlchart.com/terminology/law/general-bequest/"
}
Record 2,192 of 5,441 in Law terminology (MLC-0107). Request the full dataset.