The terms of a will currently undergoing probate are: "A gift to my brother David of $25,000 cash; to my son James, $50,000 from my savings account; and to my Daughter Lila, all of my remaining property." At the time of death, the balance in the savings account was $40,000, and there was additional cash (after payment of funeral expenses and all claims against the estate) of $70,000.
-The gift to David is a

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A general legacy is a gift of a specific amount of money from the testator's estate. In this case, the will states that David is to receive $25,000 cash, which qualifies as a general legacy. A specific legacy would be a gift of a specific item, such as a piece of real estate or a valuable piece of artwork. A demonstrative legacy is a hybrid between general and specific legacy and entails payment to a certain extent from a particular source, such as the savings account. Residual legacy refers to distributing property left after meeting all other gifts, payments, and expenses. Finally, devise refers to passing of real property by will.

The Terms of a Will Currently Undergoing Probate Are: "A