Bequest
Bequest A gift of Personal Property , such as money, stock, bonds, or jewelry, owned by a decedent at the time of death which is directed by the provisions of the decedent's will; a legacy. Nemo plus commodi haeredi suo relinquit quam ipse habuit. No one leaves a greater advantage for his heir than he himself had. Ab irato abate absolute accessory accretion accumulative adeem ademption Appointment, Power of approbate and reprobate Baldwin, Henry Beneficial Association benefit bequeath bequeathal Binney, Horace birthright charity community property.
References in periodicals archive? The Australia Council is delighted to be managing The Marten and Askin Bequests , and opening up opportunities that support Australian artists to build valuable networks and develop their artistic practice, Mr Grybowski said. Perpetual and Australia Council open nine scholarships for emerging Australian artists.
Bequest | Definition of Bequest by Merriam-Webster
Occasionally, NFPs cease to exist or merge with another organization; a bequest made to one organization can then become the property of another. Protecting donor restrictions on bequests. Alternately, a bequest can involve large legacies for a spouse, children, grand-children, great-grand-children, charities or others. New tax on expatriates' gifts and bequests gets prop.
Although parents 68 per cent were significantly more likely than non parents 51 per cent to consider this type of bequest unimportant, that half of those without children still rated leaving provisions for organisations as unimportant is noteworthy Table 3. Will-making prevalence and patterns in Australia: Ideally, in testamentary transfers, documentation can be made in the trust to help reinforce the intended tax treatment either as a bequest or as compensation to the employee.
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As a result, long-term contracts can allow individuals to partially hedge their future preference risk by effectively transferring some wealth from future states where their bequest needs are low to states for which bequest needs are higher. Uncertain bequest needs and long-term insurance contracts.
A charitable organization s receives all or a percentage of the remainder of your estate after the payment of any specific bequests and expenses. What you need to know about: Both Carter Bequest and the Guisborough Primary Care Hospital have been earmarked for closure due to their age and condition and "long-term viability". Fears over hospital closure plans aired.
Sherman's Deer Pond Farm Makes Its Debut," 13 July The bequests here exhibit a greater breadth and quality than the holdings of some single-collector museums. First Known Use of bequest 14th century, in the meaning defined at sense 1. History and Etymology for bequest Middle English, irregular from bequethen. Learn More about bequest. Resources for bequest Time Traveler! Explore the year a word first appeared.
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Dictionary Entries near bequest bepuzzle bequeath bequeathment bequest be quick on the draw bequiffed ber. Time Traveler for bequest The first known use of bequest was in the 14th century See more words from the same century. English Language Learners Definition of bequest. Kids Definition of bequest.
More from Merriam-Webster on bequest Rhyming Dictionary: Words that rhyme with bequest Thesaurus: All synonyms and antonyms for bequest Spanish Central: Translation of bequest Nglish: Translation of bequest for Spanish Speakers Britannica English: Translation of bequest for Arabic Speakers Britannica. Comments on bequest What made you want to look up bequest?
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Making a bequest to the University of Antwerp
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