WoW Forever Legacy perks, the three Legacy trees, points and challenges, read from the beta client

Earned from challenges anywhere on your account, and every character gets the same points to spend in its own trees. 16 points at launch. Some perks need points in their tree first, a few need the perk before them. The ? slots are placeholders.

Adventure

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  High Alert (2 ranks)Increases your ability to detect nearby targets with Stealth as if your level were increased by 1. Ineffective in Battlegrounds.
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  Well Rested (5 ranks)Your rested experience accumulates 4% faster and your rested experience cap is increased by 4%.
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  Talented (5 ranks)You gain talent points every level starting at level 9 instead of starting at level 10, but you still may not have more than 51 total talent points.
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  Thrill of Adventure (5 ranks)You gain 1% of your maximum Health and Mana over 10 sec each time you deliver the killing blow to a non-trivial enemy. Ineffective in dungeons, raids, and battlegrounds.
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  Field Guide (3 ranks)Reduces your cooldown on adding Camp features by 8%
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  Frequent Flier (1 rank)You receive a 50% discount on all flight paths, and your flight path mount flies 20% faster.
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  Field Medicine (2 ranks)Reduces the duration of the Recently Bandaged effect by 5 sec when you use a bandage. Ineffective in dungeons, raids, and battlegrounds.

Resourcefulness

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  For Great Honor (5 ranks)Increases Honor Points gained by 2%.
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  Gourmand (3 ranks)Increases the duration of beneficial effects from eating food by 33%.
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  Permanence (2 ranks)Your class abilities which grant long-duration stat or attribute benefits to all party or raid members last 50% longer, and the benefits you gain from resting at a camp last 50% longer.
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  The Quick and the Dead (2 ranks)Increases movement speed while dead by 5% and your helpful spells and abilities cost no resources for 1 min after being resurrected or until you enter combat.
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  Reagent Economy (1 rank)Your class abilities no longer require reagents purchaseable from vendors.
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  Reinforce (5 ranks)You take 8% less durability loss when you die.
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  Diplomat (5 ranks)Increases your reputation gains by 2%.

Professions

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  Master Chef (5 ranks)Your cooking recipes have a 10% chance to create an extra result.
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  Working Overtime (5 ranks)Increases your chance to gain a skill increase from using any primary, secondary, or class-based tradeskill by 4%.
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  Bartering (2 ranks)Reduces the gold price of items from all vendors by 5%.
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  Dedicated Study (1 rank)Increases your skill by 1 in your lowest tradeskill among your Primary and Secondary tradeskills. If you have already reached 300 skill in your two current Primary Tradeskills and all three Secondary Tradeskills, you will gain 2 to 4 of a random Elemental Essence.
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  Bountiful Harvest (5 ranks)You are 20% more likely to discover Scarce materials from Mining, Herbalism, and Skinning.
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  Performance Bonus (3 ranks)You have a 5% chance to receive 100% increased Merchant's Favor when you turn in a crate to the Azeroth Commerce Authority or Durotar Supply and Logistics.
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  Luremaster (2 ranks)While fishing with a Lure active, you have a 25% chance to catch an extra fish.