Bequest (Di chúc) là gì?

Understanding Bequests: A Key Component of Estate Planning

Bequest (Di chúc) is a legal term that refers to the act of leaving property or assets to someone in a will. It is a crucial aspect of estate planning, ensuring that your possessions are distributed according to your wishes after your passing. Making a bequest is a formal way to transfer wealth or possessions and can be directed toward family members, friends, charities, or any other entity you wish to support.

The Role of Bequests in Estate Planning and Inheritance

Bequests are commonly utilized in estate planning and inheritance law. They allow individuals to specify exact distributions of their assets, which can include money, real estate, stocks, or personal items. For example, a parent may leave their home to their children as a bequest, ensuring that the property stays within the family.

Charitable Bequests: Leaving a Legacy

Many choose to make bequests to charitable organizations. This form of giving is a powerful way to support causes close to your heart, contributing to a lasting legacy. For instance, a bequest to a university could fund a scholarship, supporting education for future generations.

Conditional and Residuary Bequests

Conditional bequests enable testators to attach stipulations to their gifts, such as granting a sum of money to a beneficiary only upon college graduation. On the other hand, residuary bequests involve leaving the remainder of one's estate after all specific bequests have been granted, ensuring no asset goes undistributed.

Fun Fact: The World's Most Unusual Bequests

Did you know that some people have left highly unusual bequests in their wills? For instance, a famous magician bequeathed a secret magic trick to fellow magicians, ensuring the trick would continue to amaze audiences for years to come.

Financial Terminology Within the Context of Bequests

• Estate Planning: The process of arranging the management and disposal of a person's estate during their life and after death.
• Inheritance: Assets received from someone who has passed away.
• Testator: The person who has made a will or given a bequest.
• Charitable Giving: Donating resources to a cause or organization for philanthropic purposes.
• Conditional Bequest: A gift left in a will that is subject to the beneficiary meeting certain conditions.
• Residuary Bequest: The remainder of an estate left after all other bequests have been fulfilled.

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