What are Beneficiaries and Devises in Estate Planning?

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What are Beneficiaries and Devises in Estate Planning?

A bequest is an estate planning term referring to personal property distributed through a will.  It does not include gifts of real property (such as a home or a farm or empty lot).  Nevertheless, sometime people use the work “bequest” to refer to all gifts made by wills.  The better word for that is “devise.” […]