general legacy

Definition of "general legacy"
  1. A type of inheritance where the payment is made from the total assets of the deceased's estate, and not from a specific part
How to use "general legacy" in a sentence
  1. The attorney explained that a general legacy would come from the entire estate, not from specific items.
  2. She left a general legacy to her cousin, which would be funded by her estate as a whole.
  3. In the event of his passing, his children would receive a general legacy from his entire estate.

Provide Feedback
Browse Our Legal Dictionary
# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z