Bequest

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Bequest

Property left to an heir under the terms of a will.

Bequest

In wills and estates, the gift of part of the estate to a beneficiary. A bequest may be real estate or personal property. For example, if a decedent wishes her son to have her house and her daughter to have the family jewels, then each of these is specified in the decedent's will. In this case, the house and the family jewels are separate bequests. See also: Codicil.

bequest

A gift of personal property made by will.

Bequest

A gift by will of personal property.
References in periodicals archive ?
Based upon a survey of financial executives from 28 companies, the research examines factors driving legacy management from a business and IT perspective and identifies methods used by different organizations to manage their existing IT applications and assets.
Instead, I/O modules should be designed to be form-fit replacements for the original legacy I/O modules.
Jacada helps organizations increase the value and extend the use of their legacy applications through integration, Web-to-host, and emulation.
The primary motivation behind legacy admissions is financial in nature.
On the other hand, an aristocrat's child, being the heir anyway, was significantly less likely to receive a legacy in addition than were the children of artisans and officials.
985-8T(b)(1), a QBU formed after 1998 cannot adopt a legacy currency as its functional currency; it must adopt the euro as its functional currency from its inception.
Like most smart ideas, the rationale for the Legacy Outback was pretty simple: Let's make our Legacy all-wheel-drive wagon look and act a bit like a sport-utility vehicle, and cash in on the ute's incredible popularity.
Although emerging technologies bring new opportunities to create new types of business solutions, the reality is that legacy systems hold the major key to future success," say Christopher Slee and Malcolm Slovin, partners at Waltham, MA-based Computer Sciences Corp.
Legacy Group, a real estate development, construction management and asset management company located in Harrison, N.
If the legacies' big edge seems unfair to the tens of thousands who get turned away every year, Ivy League administrators have long defended the innocence of the legacy stat.
In eight years of business, Legacy Bank has established itself as one of the fastest-growing community banks in America by building strategic partnerships with businesses such as Stewart Title that have the same goals and commitment to improve the community.
Legacy Navigator dovetails with Red Oak's Legacy Integrator to simplify the integration of complex legacy applications.