Bequest Definition and Legal Meaning

On this page, you'll find the legal definition and meaning of Bequest, written in plain English, along with examples of how it is used.

What is Bequest?

(n) Bequest is the property or asset owned by a person gifted to another person by naming them in the will executed by the owner of such property or asset. A bequest may be a conditional or a non-conditional one depending up on the mode of conveyance of the property or asset