Legacies are distinguished, defined and designated, according to their nature, as follows: (a) Specific: A legacy of a particular thing, specified and distinguished from all others of the same kind belonging to the testator, is specific; if such legacy fails, resort can not be had to the other property of the testator. (b) Demonstrative: A legacy is demonstrative when the particular fund or personal property is pointed out from which it is to be taken or paid. (c) Annuity: An annuity is a bequest of certain specified sums periodically; if the fund or property out of which a demonstrative legacy or an annuity is payable fails, in whole or in part, resort may be had to the general assets of the testator's estate, as in case of a general legacy. (d) Residuary: A residuary legacy embraces only that which remains after all the bequests of the will are discharged.
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(e) General: All other legacies are general legacies. SOURCE: Probate Code of Guam (1970), § 161.