Question

A devise is a(n): a. gift of real estate made in a will. b. inter vivos gift of personal property. c. gift of intangible property.

Answer 1

Answer:

The answer is letter a, a gift of real estate made in a will.

Explanation:

There are many terms to consider when a testator (a person who made a will) gives his property to somebody (beneficiary).

An example of these, is the term "devise." This is a testamentary gift or a gift in a will, particularly referring to a gift of real estate or property. If the testator leaves a specific property to a specific person, then this is known as "specific devise."

The "inter vivos gift" of personal property, on the other hand, refers to the gifts (including properties) that a living person leaves to somebody.

A gift of intangible property refers to gifts that are incorporeal such as patents, copyrights, trade names and the like.

Thus, this explains the answer.