Legal Definitions - monetary bequest

A monetary bequest, also known as a pecuniary bequest, is a type of testamentary gift in which the testator leaves a specific amount of money to a beneficiary in their will. This type of bequest is usually made when the testator wants to ensure that a certain amount of money goes to a particular person or organization.

For example, a testator may leave $10,000 to their favorite charity as a monetary bequest. This means that the charity will receive $10,000 from the testator's estate after their death.

Another example of a monetary bequest is when a testator leaves a specific amount of money to a family member or friend. For instance, a testator may leave $5,000 to their niece as a monetary bequest.

These examples illustrate how a monetary bequest is a specific type of bequest that involves leaving a certain amount of money to a beneficiary. It is important to note that a monetary bequest is different from a specific bequest, which involves leaving a particular item of property to a beneficiary.