What is BEQUEST?

A gift by will of personal property; a legacy. A specific bequest is one whereby the testator gives to the legatee all his property of a certain class or kind; as all his pure personalty. A residuary bequest is a gift of all the remainder of the testator’s personal estate, after payment of debts and legacies, etc. An executory bequest is the bequest of a future, deferred, or contingent interest in personalty. A conditional bequest is one the taking effect or continuing of which depends upon the happening or non-occurrence of a particular event. Mitchell v. Mitchell, 143 Ind. 113, 42 N. E. 465; Farnam v. Farnam, 53 Conn. 261, 2 AO. 325, 5 Atl. 682; Merrill v. College, 74 Wis. 415, 43 N. W. 104.

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