Bequest

What Does Bequest Mean?
The process of giving stocks, bonds, or any other assets to beneficiaries through the provisions of a will.

Investopedia explains Bequest
Bequests can be made to family, friends, institutions, or charities.

Related Terms

Abeyance
Asset
Beneficiary
Escheat
Estate Planning
Heir
Inheritance
Will
More Related Terms

Related Links

Update Your Beneficiaries - Life changes make it time to rewrite your plan's designations.
Estate Planning Basics - Deciding what will happen to your assets when you pass away is a must - no matter how wealthy you are.
Problematic Beneficiary Designations - Part 1 - Make sure your beneficiary designations not only reflect your intentions but also meet the requirements to be effective.
Problematic Beneficiary Designations - Part 2 - Designating a trust as your IRA beneficiary can be beneficial, but it requires proper planning to avoid problems.

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