What is the difference between a demonstrative bequest and a general bequest?

What will be an ideal response?


A demonstrative bequest is a gift of a sum of money from a specific source in a will. I give $50,000 to my best friend, nick, to be paid from my money market account at First Bank of Wonderland, Wonderland, Nebraska.”

A general bequest is a gift of personal property. Also called a legacy. “I give my Toyota Prius to my neighbor, Jack.” “I give my diamond engagement ring to my granddaughter, Cheryl.”

Legal Studies & Paralegal

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Forced distributions are examples of ______ rating systems.

A. absolute B. multi-trait C. objective D. relative

Legal Studies & Paralegal

Which of the following organizations is in favor of voluntary certification but opposes licensing requirements for paralegals??

A. ?NALA B. ?NFPA C. ?American Association for Paralegal Education (AAfPE) D. ?None of these choices is correct.

Legal Studies & Paralegal

A memorandum of law is also known as a(n) ______ in some states.?

A. ?brief B. ?affidavit C. ?summons D. ?motion

Legal Studies & Paralegal

The first source of fiduciary power is ______ _______

Fill in the blank(s) with correct word

Legal Studies & Paralegal