Bequeath Definition and Legal Meaning
On this page, you'll find the legal definition and meaning of Bequeath, written in plain English, along with examples of how it is used.
What is Bequeath?
(v) Bequath is the act of giving a property or asset owned by a person to another person by naming them in the will executed by the owner of such property or asset.
History and Meaning of Bequeath
Bequeath is a legal term that has been in use for centuries. It refers to an act of leaving or transferring the ownership of personal property, money, or assets to a designated individual or entity. When a person creates a will, he or she can choose to bequeath their possessions to family members, friends, charities, or other organizations. The term bequeath is often used interchangeably with the term 'devise', which refers to the transfer of real property through a will.
Examples of Bequeath
The wealthy businessman decided to bequeath his entire fortune to his favorite charity.
The deceased's artwork was bequeathed to his daughter in his will.
The heir was grateful for the plot of land his grandfather had bequeathed to him before he passed away.
Legal Terms Similar to Bequeath
Inherit: The term inherit refers to the transfer of property, money, or assets to a person by operation of law, usually by way of intestate succession.
Gift: A gift is a voluntary and gratuitous transfer of property to another without consideration.
Trust: A trust is a legal and fiduciary arrangement where one person, the trustee, holds and manages property for the benefit of another person, the beneficiary.