What does the term "bequest" refer to in legal terms?

The term "bequest" in legal terms specifically refers to the act of giving or leaving property to someone through a will. It involves specifying which assets or items are to be passed on to designated beneficiaries upon the death of the testator. This concept is integral to estate planning and is often a key element in understanding how property and assets are distributed after one's passing.

In this context, a bequest can encompass a wide range of items, including money, personal property, real estate, or specific goods. It is different from other legal concepts like revoking a will or settling debts, which pertain to the broader administration of an estate rather than the specific transfer of property intended by the testator. Understanding the definition of bequest is essential for anyone working in the field of estate law or participating in the creation of and the process surrounding wills and trusts.