In a Will, a Devise Is a

question 58

Multiple Choice

In a will, a devise is a

• A) gift of personal property that is directly identified.
• B) cash gift from a particular source.
• C) gift of estate property that remains after carrying out the other provisions of the will.
• D) gift of real property.
• E) gift of intangible property.

---

Definitions:

Own Savings

The portion of personal or household income that is not spent on consumption but is kept aside for future use, investments, or emergencies.

Economic Profit

The variance identified between overall proceeds and all-inclusive financial outgoings, inclusive of both explicit and veiled costs.

Investment Return

The gain or loss on an investment over a specified time period, expressed as a percentage of the investment's initial cost.

Quantum Workplace

A company that provides tools and services focused on employee engagement and organizational health assessment.