FOLIO Ontology

Identification

IRI:
https://folio.openlegalstandard.org/R3OI7nrib1LEPtUfn5G5CH
Label Bequest
Preferred Label N/A
Identifier N/A
Alternative Labels
Estate Gift Inheritance Gift Inherited Bequest Legacy Testamentary Gift

Definition

A Bequest is a provision in a will or trust that designates the transfer of specific assets, property, or money to a particular beneficiary upon the death of the testator. It ensures that the intended recipients receive the designated items as part of the estate distribution.

Class Relationships

Is Defined By

N/A

See Also

None

Class Hierarchy Visualization

Interactive graph showing class relationships - click on any node to navigate to that class

Additional Information

Metadata

Comment

None

Description

None

Notes

  • None

Editorial Information

History Note

None

Editorial Note

None

Deprecated

No

Source and Origin

No source or origin information available