MLchartDataset catalogue

Specific legacy

Term · Law · MLC-T-LAW-004626

A gift of a particular, identifiable item of personal property made in a will. The testator designates a specific asset, such as a named collection of books or a particular bank account, to a named beneficiary. If the specified item is no longer part of the estate at the time of death, the legacy may fail, a concept known as ademption.

Table 1. Record
IdentifierMLC-T-LAW-004626
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-004626",
  "term": "Specific legacy",
  "field": "Law",
  "definition": "A gift of a particular, identifiable item of personal property made in a will. The testator designates a specific asset, such as a named collection of books or a particular bank account, to a named beneficiary. If the specified item is no longer part of the estate at the time of death, the legacy may fail, a concept known as ademption.",
  "url": "https://mlchart.com/terminology/law/specific-legacy/"
}

Record 4,713 of 5,441 in Law terminology (MLC-0107). Request the full dataset.