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Bequest - Law Dictionary Search Results

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Trust

will unless by a testamentary or codicillary paper executed with the statutory formalities, but if a devise or bequest of the legal estate be accompanied with any mala fides in the devisee or legatee, as if there

Money land

real use at the time the will was made; 4thly, not to pass as money by a general bequest to a legatee, but it would by a particular description, as so much money to be laid out

Lapse

falls into the residuary real or personal estate, as the case may be. If a residuary devise or bequest lapses, the property falls into the intestate estate of the testator, see Easum v. Appleford, (1840) 5 My&Cr

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Ademption

a portion on his or her marriage. See SATISFACTION. Means the destruction or extinction of a legacy or bequest by reason of a bequeathed asset's ceasing to be part of the estate at the time of the

lapse

: a termination or failure due to events, neglect, or time: as a : the failure of a bequest (as because the intended recipient dies before the testator) compare anti-lapse statute b : the termination of an

Annuity

the purpose of the purchase. Until then, as well as in the cases where there is a simple bequest of an annuity, or even where trustees are directed or authorized to set apart a fund for an

abate

or value [the legacies abated proportionately] NOTE: A problem arises in estate law when the amount of the bequests and devises made in a will exceeds the assets available in the estate. In such a case, some

Pasupu Kumkuma

Pasupu Kumkuma, is a part of Will in connection with the bequest of the testator's daughter respecting an absolute right and is not consistent with the conferment of limited caste,

Domestics

upon a month's warning or upon payment of a month's wages. As to the persons entitled under a bequest to 'domestic servants,' see Re Lawson, (1914) 1 Ch 682; Re Jackson, 39 TLR 400. See MASTER AND

Habitatio

a series of rights arising from day to day, so that in bequeathing it you make a separate bequest, in fact, for each day; hence, also, it was not extinguished by non-user. justinian added the further distinction,

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