Remember the UniversityBequest or inheritance

Usually no distinction is made between the terms „bequest“ and „inheritance“. However, these two terms should not be used interchangeably since the misuse of them may have unintended consequences. This is why it is important to know the difference between these two terms.

When writing a will, you should nominate the persons you want to be your heirs as well as use precise wording when making bequests. You can appoint Heidelberg University as your heir or legatee, of course.

Bequest

The person made heir takes up the legal succession of the testator. The heir takes over all the duties and responsibilities (assets and liabilities). Besides, the heir or community of heirs is obliged to fulfil the legacies and to make sure that the legatee is the recipient of the respective money and objects.

Inheritance

Unlike the heir, the legatee does not take up the legal succession of the testator and only receives certain objects (e.g. real estate, sums of money). Unlike the appointment of an heir which is possible without a will but in accordance with the statutory succession, legacies must be made through a will.