The act of passing on personal property through a last will and testament.
A bequest is a gift made through a will, which dictates the transfer of property or assets from a deceased individual to beneficiaries.
A devise is a testamentary gift of real property made by a will. In modern usage, the term may also refer to gifts of personal property made through a will.
The term 'legacy' refers to the disposition of personal property by will. This is a legal term often used in estate planning to describe a person’s wishes for distributing their tangible and intangible valuables after their death.
