Demonstrative Bequest

Demonstrative Bequest - A Demonstrative Bequest is a provision in a will or trust that designates a specific monetary amount or asset to be paid or distributed from a particular source within the estate. This type of bequest combines elements of both specific and general bequests, specifying the source while also ensuring a fixed amount is given to the beneficiary.

Class Information

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Identification

Label (rdfs)
Demonstrative Bequest
Preferred Label
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Alternative Labels
Fund-Designated Bequest, Source-Specified Bequest
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Definition and Examples

Definition
A Demonstrative Bequest is a provision in a will or trust that designates a specific monetary amount or asset to be paid or distributed from a particular source within the estate. This type of bequest combines elements of both specific and general bequests, specifying the source while also ensuring a fixed amount is given to the beneficiary.
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Class Relationships

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Additional Information

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Deprecated
False

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