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Definitions from the Web

Bequests

Bequests refer to assets or property that an individual designates to be transferred to another person or organization upon their death. It is a legal arrangement often made through a will or a trust, where the person making the bequest specifies the recipient(s) and the nature of the asset(s) to be transferred. Bequests can include various types of assets such as money, real estate, personal belongings, or even intellectual property.

Sample Sentences:

1. John's generous bequest ensured that the local library could build a state-of-the-art children's wing.

2. The elderly woman bequeathed her antique jewelry collection to her granddaughter, who cherished the sentimental value attached to each piece.

3. The billionaire philanthropist included a significant bequest in his will to establish a scholarship fund for underprivileged students.

4. Many charitable organizations rely on bequests to support their ongoing programs and initiatives.

5. After his passing, the artist's studio was transformed into a museum as per the bequest mentioned in his last testament.

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3. [The Executor's Guide: Settling a Loved One's Estate or Trust](https://www.amazon.com/s?k=executor+guide)

4. [Understanding Living Trusts: How You Can Avoid Probate, Keep Control, Save Taxes](https://www.amazon.com/s?k=living+trusts+book)

5. [The American Bar Association Guide to Wills and Estates: Everything You Need to Know About Wills, Trusts, Estates, and Taxes](https://www.amazon.com/s?k=american+bar+association+wills+and+estates)