What term is used to describe the transfer of property through a will?

Prepare for the DEAD Legal and Regulatory Test. Use flashcards and multiple choice questions with detailed hints and explanations for each query, ensuring readiness for your exam!

The transfer of property through a will is referred to as a "devise." This term specifically denotes the act of leaving real property to another person through the provisions of a will. It is distinct from other terms related to the distribution of assets after death, as "devise" focuses primarily on real estate.

In contrast, a "bequest" pertains more generally to the act of leaving personal property in a will. While a bequest can include money or personal belongings, a devise is explicitly linked to real property. The terms "gift" and "donation" typically refer to transfers that occur while the giver is alive, rather than through a testamentary document. These distinctions matter in the realm of estate planning and probate law, as they define the nature of the transfer and the types of property involved. Understanding these nuances is crucial for ensuring clarity in legal documents and discussions regarding estate distribution.

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