Define: General Devise

General Devise
General Devise
Quick Summary of General Devise

The general devise is a tool or device that is used to perform various tasks or functions. It can take in different inputs and produce a desired output based on the given instructions or commands. The output can be in the form of information, data, or a physical action. The general devise is versatile and can be used in various industries and fields to simplify processes and improve efficiency.

General Devise FAQ'S

A general devise in a will refers to a gift of real property that is not specifically designated to a particular beneficiary. It is a broad and general gift of property.

Yes, a general devise can be contested in court if there are disputes or disagreements over the distribution of the property.

A specific devise in a will refers to a gift of a particular piece of property to a specific beneficiary, while a general devise is a more general gift of property that is not specifically designated.

Yes, a general devise can be revoked or changed by the testator (the person who made the will) as long as they are of sound mind and follow the legal requirements for making changes to a will.

If the property subject to a general devise is sold before the testator’s death, the gift will typically fail and the beneficiary will not receive the property.

Yes, other beneficiaries or interested parties may challenge a general devise if they believe it is unfair or invalid.

The legal requirements for a valid general devise in a will vary by jurisdiction, but generally include the testator being of sound mind, the will being properly executed, and the gift being clearly described.

Yes, a general devise can be subject to taxes or debts of the estate, which may affect the amount of the gift received by the beneficiary.

Yes, a general devise can be given to a minor, but it may be subject to certain legal restrictions and requirements, such as the appointment of a guardian or trustee to manage the property on behalf of the minor.

If you have questions or concerns about a general devise in a will, it is important to consult with a qualified estate planning attorney who can provide guidance and advice based on the specific circumstances of the situation.

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Disclaimer

This site contains general legal information but does not constitute professional legal advice for your particular situation. Persuing this glossary does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.

This glossary post was last updated: 13th April 2024.

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