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Simple English definitions for legal terms

general bequest

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A quick definition of general bequest:

A general bequest is when someone leaves a certain amount of money or property from their overall estate, rather than from a specific item or fund. For example, if someone says "I leave $50,000 to B as an inheritance," that is a general bequest. The money or property comes from the general assets of the estate. Sometimes the amount of the bequest may need to be adjusted if the value of the estate changes over time. This is different from a specific bequest, which is when someone leaves a particular item or piece of property to someone else.

A more thorough explanation:

A general bequest is a type of inheritance where a specific amount of money or property is given to a beneficiary from the general assets of the testator's estate. This means that the bequest is not tied to any specific fund or property.

For example, if a person writes in their will, "I leave $50,000 to my niece as an inheritance," this is a general bequest. The executor of the estate will use the general assets of the estate to fulfill this bequest.

Another example of a general bequest is, "I leave 10% of my estate to charity." This bequest is not tied to any specific property or fund, but rather a percentage of the overall estate.

It's important to note that the value of a general bequest may change over time due to fluctuations in the value of the estate. For example, if the estate's value decreases, the amount of the bequest may need to be adjusted to ensure that all creditor claims are fulfilled.

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18:49
thank you my little crow friend
Dkk
18:50
Med law easy done
medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
jackfrost11770
23:16
should i start using letterboxed again
Dkk
23:25
@jackfrost11770: if you want but like it aint for me
dk do u ever eat at bk
Dkk
23:48
@chickenburgahfart: I would do that in the Army if really desperate for food or if I had to work through lunch. One of the few fast food places I go to.
bk so slept on
Dkk
0:23
I will take In N Out everyday over it when I can though.
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