q what is bequestbequest - a gift by will of
Q. What is Bequest?
Bequest - A gift by will of personal property. If bequest is money to the extent it's paid out ofincome from property it is taxable to the recipient. Normally bequest value is fair market at thedate of the decedent's death.
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q what is bequestbequest - a gift by will of personal property if bequest is money to the extent its paid out ofincome from property it is taxable to
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