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Absolute Legacy - Law Dictionary Search Results

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Absolute legacy

Matched in: Term Absolute legacy

Annuity

to A. and the heirs of his body was ineffectual to create and estate tail, and passed an absolute interest conditional only upon an heir of the body being born. But now under s. 130 of the … be either created, or, if already existing, may be transmitted, by will. A created annuity is a general legacy, and will abate with the other legacies upon a deficiency of assets. It commences, as a rule, from

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