TSEM6059 - Legal background to trusts and estates: the three forms of specific bequests
There are three forms of specific bequests.
Specific legacy
The gift is a definite thing that is clearly identified. It
may, for example, be ‘my horse Ringmaster’.
General legacy
The legacy is not confined to one particular thing. It is
often money, although ‘the £100 in a tin box under my
bed’ would be a specific legacy.
Demonstrative legacy
The legacy specifically refers to the source from which it is
to be paid. This could be ‘£500 from my building society
account’.
The executors need to know the type of bequest to carry out
their duties properly.
