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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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THATS SO FUNNY
i cant i would go crazy
JumpySubsequentDolphin
20:50
i need to know who decided to do that.
JumpySubsequentDolphin
20:50
omg im on a plane weeeee
the devil
youre on a plane??? LSD made the mile high club??
20:50
yo splitterus are you in school already
20:50
it says ur c/o 2027
JumpySubsequentDolphin
20:51
@SplitterusClitterus: HAHAH yes
ur user is hilarioussss and no i just graduated this may and am now applying ---also im out of messages so ill take a lil
20:52
roger dat. see u in heck
im back, r u applying this cycle too
JumpySubsequentDolphin
21:32
this child fell asleep on me
JumpySubsequentDolphin
21:32
im so uncomfortable
just push him off the entire seat
JumpySubsequentDolphin
21:34
LMAOOOO
JumpySubsequentDolphin
21:35
no he’s literally like 8 and he fully just put his head on my bicep and slept
JumpySubsequentDolphin
21:35
he has since moved
22:12
@SplitterusClitterus: me yesterday
gulc baby pls text me back... i miss you ...... :(
22:23
i just went into a discord vc and yelled "YALL I JUST GOT INTO J.M. SCHOOL OF LAW"
22:24
people were getting excited :sob:
22:25
then someone was like "what does jm stand for" and i was like .. well
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@JumpySubsequentDolphin: wait this is so cute, also where r u going
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JumpySubsequentDolphin
22:39
@splitty Oregon!
oh yay for what thats so random
JumpySubsequentDolphin
22:45
haha my brother and sister in law live there
so cutie oregon is beatiful
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