These are the different types of legacies and devises that appear in a Will:

Specific legacy

A gift of a particular asset of personal estate such as ‘my gold watch’

Demonstrative legacy

A gift of a general nature directed to be paid out of a particular fund such as ‘£500 out of my 1000 ICI plc ordinary shares’

The distinction between this and a specific legacy is one of intention. Here, if the ICI holding was insufficient at death, either totally or partially, the balance will be paid out of residue.

General legacy

A gift of an item irrespective of whether the deceased owned such an item at death.

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