General Bequest

General Bequest - A General Bequest is a provision in a will or trust that designates a fixed amount of money or quantity of assets to a beneficiary without specifying the exact source from which these assets should be drawn. It ensures the beneficiary receives the specified value or amount from the overall estate.

Class Information

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Identification

Label (rdfs)
General Bequest
Preferred Label
None
Alternative Labels
General Testamentary Gift
Identifier
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Definition and Examples

Definition
A General Bequest is a provision in a will or trust that designates a fixed amount of money or quantity of assets to a beneficiary without specifying the exact source from which these assets should be drawn. It ensures the beneficiary receives the specified value or amount from the overall estate.
Examples
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Translations

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Class Relationships

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Additional Information

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Description
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Notes
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Deprecated
False

Metadata

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