Paul makes a gift of real estate in his will to Orly. This is

Question

​Paul makes a gift of real estate in his will to Orly. This is

Quizplus · Accepted Answer

A bequest is a gift of personal property made in a will, while a devise is a gift of real property made in a will. A legacy is a gift of personal property made in a will that is payable from the general assets of the estate. A residuary is a gift of the remaining assets of an estate after all specific gifts have been distributed. Since Paul made a gift of real estate in his will, it qualifies as a devise.

​Paul Makes a Gift of Real Estate in His Will

Paul Makes a Gift of Real Estate in His Will