👉 A bequest is a charitable or legal gift of property, money, or other assets to another person. The recipient may receive the entire amount or a portion of it, and the giver retains ownership of the remaining part. Bequests are often made by individuals who have been financially disadvantaged or have lost their wealth due to illness, disability, or loss of income. Bequests can be significant financial gifts that help provide for basic needs, support family members, or contribute to charitable causes. They also serve
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What is the definition of Bequests? 🙋
👉 A bequest is a gift or donation made by someone to an individual, organization, or charitable cause after their death. It can take many forms, including:
Gifts of personal items, such as jewelry, clothing, and furniture.
Donations of money, property, or services to help support the needs of individuals or organizations in need.
Charitable contributions made by individuals for specific causes, such as education, healthcare, or environmental protection.
Gifts of real estate
