What term refers to the transfer of real or personal property through a will?

What term refers to the transfer of real or personal property through a will?

• A. Deed of trust
• B. Devise
• C. Demand
• D. Deed in trust

Answer: (B)

The term that refers to the transfer of real or personal property through a will is "Devise." In legal contexts, a devise specifically pertains to the act of bequeathing real estate (real property) under the terms of a will. This is an important concept in estate planning, as a will outlines how a person's property will be distributed upon their death. When someone creates a will, they can specify particular individuals or entities to receive certain properties, and this is done through the process of devising. This term is distinct from other language used in property law that relates to different types of documents or transactions, which is why it accurately applies in this context. Understanding this term is crucial for anyone studying property law or estate planning, as it directly relates to how assets are managed and transferred after an individual's passing.

The term that refers to the transfer of real or personal property through a will is "Devise." In legal contexts, a devise specifically pertains to the act of bequeathing real estate (real property) under the terms of a will. This is an important concept in estate planning, as a will outlines how a person's property will be distributed upon their death.

When someone creates a will, they can specify particular individuals or entities to receive certain properties, and this is done through the process of devising. This term is distinct from other language used in property law that relates to different types of documents or transactions, which is why it accurately applies in this context.

Understanding this term is crucial for anyone studying property law or estate planning, as it directly relates to how assets are managed and transferred after an individual's passing.