How does a devise differ from a legacy? A devise is a gift of money and a legacy is a nonmonetary gift. A devise is a gift to an individual and a legacy is a gift to a charity or other organization. A devise is a gift of real property and a legacy is a gift of personal property. A devise is a gift made prior to death and a legacy is a gift made at death.
How does a devise differ from a legacy? A devise is a gift of money and a legacy is a nonmonetary gift. A devise is a gift to an individual and a legacy is a gift to a charity or other organization. A devise is a gift of real property and a legacy is a gift of personal property. A devise is a gift made prior to death and a legacy is a gift made at death.
Chapter9: Acquisitions Of Property
Section: Chapter Questions
Problem 12DQ
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How does a devise differ from a legacy?
- A devise is a gift of money and a legacy is a nonmonetary gift.
- A devise is a gift to an individual and a legacy is a gift to a charity or other organization.
- A devise is a gift of real property and a legacy is a gift of personal property.
- A devise is a gift made prior to death and a legacy is a gift made at death.
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