noun a gift of personal property by will
verb to leave or give by will
In the field of law, a bequest refers to the act of leaving personal property or assets to someone in a will.
Bequests are commonly discussed in the context of estate planning, where individuals specify who will inherit their assets after their death.
Bequests are a form of inheritance and are often used interchangeably with terms like legacy or gift.
Bequests are a key component of wills and trusts, as they outline the distribution of assets to beneficiaries.
In the field of writing, 'bequest' may refer to a gift of personal property made in a will.
Psychologists may come across 'bequest' when dealing with clients who are discussing inheritance or family dynamics related to inherited wealth.
Lawyers often deal with 'bequest' when assisting clients in drafting wills and managing estates.
Financial advisors may discuss 'bequest' with clients as part of estate planning and wealth transfer strategies.
For estate planners, 'bequest' is a common term used when creating legal documents outlining the distribution of assets after death.