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    Be·quest
    /bəˈkwest/

    noun

    • 1. a legacy: "her $135,000 was the largest bequest the library ever has received"
  2. Apr 23, 2024 · Residuary Bequest: A residuary bequest involves leaving a portion or the remainder of the estate after all debts, taxes, and specific bequests have been fulfilled. Contingent Bequest: This type of bequest is dependent on the occurrence of a specific event. If the condition is not met, the bequest may be redirected to an alternative beneficiary.

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  5. Apr 26, 2024 · Behest is a term used to describe a strong request or command often coming from someone in a position of authority, emphasizing the urgency or importance of the action requested. Whereas, bequest specifically pertains to the act of giving property or money through a will, highlighting its use in the context of estate planning and inheritance. 13.

  6. May 14, 2024 · Probate: A probate is the legal process in which a will is reviewed to determine whether it is valid and authentic. Probate also refers to the general administering of a deceased person's will or ...

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  7. Apr 28, 2024 · bequest (legacy) Source: Australian Law Dictionary Author(s): Trischa MannTrischa Mann, Audrey BlundenAudrey Blunden. A gift left by testamentary disposition (under a will or codicil) or by settlement under a deed (e.g. settling a ...

  8. Apr 24, 2024 · There are a number of ways you can make a bequest. Update your website or link to our sample bequest language to share examples of what to include in a will.

  9. Apr 23, 2024 · Specific Bequest: A designated sum of money, property, or asset. Residuary Bequest: A percentage or all of the remainder of your estate after other bequests, debts, and taxes have been paid. Contingent Bequest: Takes effect only if certain conditions are met, such as the passing of other beneficiaries. Benefits of Making a Charitable Bequest

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