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The Columbia Encyclopedia, Sixth Edition.  2001-07.
 
legacy
 
 
bequest by will of personal property, similar in many respects to a gift causa mortis. A legacy ordinarily is distinguished from a devise, which transfers real property by will. The person who receives a legacy is called a legatee. Legacies are of various types. A specific legacy bequeaths a designated object, e.g., a named painting. A general legacy is a sum of money to be paid out of any assets of the estate. The residuary legacy is all of the deceased’s personal property otherwise undistributed.
 
 
The Columbia Encyclopedia, Sixth Edition. Copyright © 2007 Columbia University Press.

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