FOLIO Ontology

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Identification

IRI:
https://folio.openlegalstandard.org/RCw28DTCZnbpF28eRq1iKm9
Label Conditional Bequest
Preferred Label N/A
Identifier N/A
Alternative Labels
Conditional Testamentary Gift Contingent Bequest

Definition

A Conditional Bequest is a provision in a will or trust that designates the transfer of assets or property to a beneficiary only if certain specified conditions or criteria are met. This type of bequest allows the testator to impose requirements that must be fulfilled for the beneficiary to receive the inheritance.

Class Relationships

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Parent Class Of 0

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Additional Information

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Notes

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Deprecated

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