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specific bequest

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specific bequest n. the gift in a will of a certain article to a certain person or persons. Example: "I give my diamond engagement ring to my niece, Sophie." (See: will, bequest)
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LP A: The general rule is that if you name someone as a beneficiary in your will, and they die before you, then the bequest becomes part of the residue of your estate - that is, everything that is left after specific bequests - and it goes to whoever you have named to receive this residue.
Family Finance by Huddersfield Daily Examiner (Huddersfield, England)
s guidelines, or a specific bequest in lieu of payment.
Last Will and Testament What Does the Personal Representative Get? by Lorabella / Law community
It noted that: * The daughter was not a surviving spouse of the decedent; * The daughter received a specific bequest of a fee simple interest in her mother's property under the mother's will; * As a result of the disclaimer, such property passed to a trust in which the daughter had a remainder interest; and * The daughter did not disclaim that remainder interest.
Be careful making disclaimers where trusts are involved by Ransome, Justin P. / The Tax Adviser
 
 
 
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