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  2. Devise and bequeath - Wikipedia

    en.wikipedia.org/wiki/Devise_and_bequeath

    Today, the two words are often used interchangeably due to their combination in many wills as devise and bequeath, a legal doublet. The phrase give, devise, and bequeath, a legal triplet, has been used for centuries, including the will of William Shakespeare. The word bequeath is a verb form for the act of making a bequest. [3]

  3. Will and testament - Wikipedia

    en.wikipedia.org/wiki/Will_and_testament

    Devise – testamentary gift of real property. Devisee – beneficiary of real property under a will. Distribution – succession to personal property. Executor/executrix or personal representative [PR] – person named to administer the estate, generally subject to the supervision of the probate court, in accordance with the testator's wishes ...

  4. Rule against perpetuities - Wikipedia

    en.wikipedia.org/wiki/Rule_against_perpetuities

    The rule against perpetuities serves a number of purposes. First, English courts have long recognized that allowing owners to attach long-lasting contingencies to their property harms the ability of future generations to freely buy and sell the property, since few people would be willing to buy property that had unresolved issues regarding its ownership hanging over it.

  5. Residuary estate - Wikipedia

    en.wikipedia.org/wiki/Residuary_estate

    It is also known as a residual estate or simply residue. The will may identify the taker of the residuary estate through a residuary clause or residuary bequest . The person identified in such a clause is called the residuary taker , residuary beneficiary , residuary legatee , or residuary devisee . [ 2 ]

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  7. Specific devise - Wikipedia

    en.wikipedia.org/wiki/Specific_devise

    A specific devise is a devise of a distinct piece of real estate to a certain person or persons. It is analogous to a specific legacy , but is limited (by the word "devise") to real estate. Furthermore, the testator intends for that very particular property and only that property to satisfy the devise.

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