Legal Dictionary of Pakistan
Quick lookup for English, Urdu, and Latin legal terms used in Pakistani jurisprudence.
bequest
n. 1. The act of giving property (usu. personal property) by will. 2. Property (usu. personal property other than money) disposed of in a will. - Also termed bequeathal (ba-kwee-_thal). Cf DEVISE; LEGACY.
charitable bequest
See BEQUEST.
charitable bequest.
A bequest given to a charitable organization. See CHARITABLE ORGANIZATION.
conditional bequest
See BEQUEST.
conditional bequest.
A bequest whose effectiveness or continuation depends on the occurrence or nonoccurrence of a particular event.
demonstrative bequest
See BEQUEST.
demonstrative bequest.
A bequest that, by its terms, must be paid out of a specific source, such as a stock fund.
executory bequest
See BEQUEST
executory bequest.
A bequest of a future, deferred, or contingent interest in personalty.
general bequest
See BEQUEST.
general bequest.
A bequest payable out of the general assets of the estate.
monetary bequest
See pecuniary bequest under BEQUEST.
pecuniary bequest
See BEQUEST.
remainder bequest
See residuary bequest under BEQUEST.
residuary bequest
See BEQUEST.
residuary bequest.
A bequest of the remainder of the testator's estate, after the payment of the debts, legacies, and specific bequests. - Also termed remainder bequest.
specific bequest
See BEQUEST.
specific bequest.
A bequest of a specific item or cash amount.