conditional bequest

conditional bequest

n. 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: I write in my will 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: a trust provides "Betty shall receive the house held in trust when she marries." (See: bequest)

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In Sternberger,(122) the Supreme Court stated that it found "no statutory authority for the deduction from a gross estate of any percentage of a conditional bequest to charity where there is no assurance that charity will receive the bequest or some determinable part of it.

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