advanced Financial accounting

28. A demonstrative legacy is a O Gift of real property. O Gift of intangible property O Gift of estate property that remains after carrying out the other provisions of the will Gift of personal property that is directly identified O Cash gift from a particular source 29. A devise is a O Gift of intangible property. O Gift of estate property that remains after carrying out the other provisions of the will Gift of personal property that is directly identified Cash gift from a particular source. Gift of real property 30. A testamentary trust is a trust Established by a living person Established by a will