Bequest

A bequest is a legal term that refers to the act of leaving assets, such as money or property, to someone through a will after a person passes away. It allows individuals to specify who will receive their belongings or financial resources, ensuring their wishes are honored. Bequests can vary in size and type, ranging from specific gifts to a general share of an estate. This process provides clarity and legal authority, helping to manage a person’s estate according to their intentions and support beneficiaries in their time of need.