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Simple English definitions for legal terms

demonstrative bequest

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A quick definition of demonstrative bequest:

A demonstrative bequest is when someone leaves something specific in their will, like money from a certain bank account or stocks from a certain company. It's different from a general bequest, which is just a gift of money or something else without any specific source. It's also different from a specific bequest, which is when someone leaves a particular item, like a piece of furniture or a house.

A more thorough explanation:

A demonstrative bequest is a type of bequest in a will that specifies that a certain gift or amount of money must be paid out of a specific source, such as a stock fund. This means that the gift or amount of money is not taken from the general assets of the estate, but from a specific source that the testator has designated.

  • A testator leaves $10,000 to their niece, to be paid out of their investment account.
  • A testator leaves their antique car to their son, to be paid out of the proceeds from the sale of their vacation home.

In both of these examples, the testator has specified that the gift or bequest must be paid out of a specific source, rather than from the general assets of the estate. This ensures that the designated source is used to fulfill the bequest, and that other beneficiaries are not affected by the gift.

demonstratio | demonstrative devise

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MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
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