Assertion: bequest | /r/HasProperty | satisfied
Facets:
Source sentences:
text: Residuary bequest refers to a gift of the estate remaining when claims against the estate and specific, general, or demonstrative legacies and bequests have been satisfied.
text: Residuary bequest refers to a gift of the estate remaining when claims against the estate and specific, general, or demonstrative legacies and bequests have been satisfied.
text: The bequest is considered “partially satisfied” by the lifetime gift.
text: A residual bequest bequeaths assets that remain in the estate after all other bequests as well as any tax or administrative costs have been satisfied.
text: that is, what remains after all other bequests to friends and loved ones are satisfied.
text: Specifically providing that all of the remaining property will be distributed when claims against the estate and specific, general, or demonstrative legacies and bequests have been satisfied.
text: It is immaterial that the value of the bequest is determinable after the decedent's death before the bequest is satisfied (so that gain or loss may be realized by the estate in the transfer of property in satisfaction of it).
text: Specifically providing that all of the remaining property will be distributed when claims against the estate and specific, general, or demonstrative legacies and bequests have been satisfied.