Which type of devise is a fixed amount paid from a named source?

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Multiple Choice

Which type of devise is a fixed amount paid from a named source?

Explanation:
Demonstrative devises involve a fixed amount to a beneficiary that is to be paid from a specific named source. The key idea is that the money is tied to a designated fund or property, not taken from the estate as a whole without a specified source. For example, you might state that a certain sum is to be paid from the proceeds of a particular stock or rental property. If that source provides enough, the beneficiary receives the exact amount there. If it doesn’t cover the full amount, the balance can be paid from the rest of the estate. This distinguishes it from a specific devise, which conveys a particular asset itself; a general devise, which is a fixed sum from the estate without naming a source; and a residuary devise, which covers what remains after all other bequests.

Demonstrative devises involve a fixed amount to a beneficiary that is to be paid from a specific named source. The key idea is that the money is tied to a designated fund or property, not taken from the estate as a whole without a specified source. For example, you might state that a certain sum is to be paid from the proceeds of a particular stock or rental property. If that source provides enough, the beneficiary receives the exact amount there. If it doesn’t cover the full amount, the balance can be paid from the rest of the estate. This distinguishes it from a specific devise, which conveys a particular asset itself; a general devise, which is a fixed sum from the estate without naming a source; and a residuary devise, which covers what remains after all other bequests.

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