Devise of 2025

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The document is an agreement between two business partners outlining the terms for bequeathing ownership of a business upon the death of one partner. It specifies that the surviving partner will inherit the deceased partner's shares, with provisions for valuation and transfer of stock, restrictions on stock transfer, and conditions for revocation of the agreement. The agreement also addresses scenarios where both partners die within a specified timeframe.

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What is a devise of property?

Devise refers to a gift given by means of the will of a decedent of an interest in real property .

How do you use devise in a sentence?

We need to devise some sort of system whereby people can liaise with each other. The umbrella was ingeniously devised to fold up into your pocket. The scheme is devised for young people in the 15 - 20 age band. The company has also devised a computer program that enables people to design their own homes.

Can you say devise a plan?

To devise is to figure out a plan. Men twirling long mustaches might devise a plan to tie someone to the railroad tracks.

How do you use device in a sentence?

a thing made for a particular purpose; an invention or contrivance, especially a mechanical or electrical one. Synonyms: gadget. a plan or scheme for effecting a purpose.