Bequest or legacy is best described as?

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Multiple Choice

Bequest or legacy is best described as?

Explanation:
Bequest or legacy is the gift of personal property left to someone in a will. It covers items like cash, jewelry, stocks, or other movable property, not real estate. If property is real and transferred by will, that is called a devise. When there is no will, inheritance happens through intestate succession, not a bequest. A claim against the estate is a creditor’s claim for debts owed, not a gift to a beneficiary. So the best description of bequest or legacy is a transfer of personal property by will.

Bequest or legacy is the gift of personal property left to someone in a will. It covers items like cash, jewelry, stocks, or other movable property, not real estate. If property is real and transferred by will, that is called a devise. When there is no will, inheritance happens through intestate succession, not a bequest. A claim against the estate is a creditor’s claim for debts owed, not a gift to a beneficiary. So the best description of bequest or legacy is a transfer of personal property by will.

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