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You Are Driving Down the Freeway Rather Quickly Because You

question 61

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You are driving down the freeway rather quickly because you are late for a meeting, but you notice a police car parked on the side of the freeway. You quickly apply the brakes and slow down to the speed limit. In this instance, the police car represents a


Definitions:

Devise

A legal term for the bequest of real estate property through a will.

Real Property

Real property includes land and anything permanently attached to it, like buildings, in contrast with personal property, which is movable.

Personal Property

Assets that are movable and not fixed to one location, such as furniture, vehicles, and equipment, contrary to real estate.

Demonstrative Legacy

A specific bequest in a will, directing a particular sum of money to be paid out of a specified asset or fund.

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