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Legal Definitions - pecuniary bequest
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Definition of pecuniary bequest
A pecuniary bequest is a type of gift that is given through a will. It is a testamentary gift of money, also known as a legacy. This means that the person who wrote the will, also known as the testator, has left a specific amount of money to a person or organization.
- John's will stated that he wanted to leave $10,000 to his daughter, Mary. This is an example of a pecuniary bequest.
- When Sarah passed away, she left $5,000 to her favorite charity. This is also an example of a pecuniary bequest.
These examples illustrate how a pecuniary bequest is a specific amount of money that is left to a person or organization through a will. It is important to note that a pecuniary bequest is different from other types of bequests, such as a specific bequest which is a gift of a specific item of property, or a residuary bequest which is a gift of the remainder of the testator's estate.
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