A Specific Bequest is a gift of a specific item listed in a Will, easily identified from all other listed assets. Due to the distinct nature of this kind of gift, if an item is no longer part of a person's Estate at the time of their death, no other item or sum of money can be substituted in its place.

What qualifies as a specific bequest?

Specific bequest:

A specific bequest or devise is a testamentary gift of a specific item of property (e.g., a Picasso painting) that can be easily identified and distinguished from all other property in the testator's estate.

What is an example of a specific bequest?

A specific bequest is a gift of a particular dollar amount or a particular piece of property. For example: “I bequeath [dollar amount or description of property] to the Friends of the Prescott Public Library, a nonprofit corporation whose address is 215 E. Goodwin St., Prescott, Arizona, 86303.”