Illinois Compiled Statutes 755 ILCS 5/1-2.12 – “Legacy” means a testamentary disposition of real or personal …
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Terms Used In Illinois Compiled Statutes 755 ILCS 5/1-2.12
- Bequest: Property gifted by will.
- Devise: To gift property by will.
- Personal property: All property that is not real property.
“Legacy” means a testamentary disposition of real or personal property and includes devise and bequest. “Legatee” includes devisee.