Class Gift - Law Dictionary Search Results
class gift
Matched in: Term class gift
Perpetuity
attainment by the beneficiary or members of the class of an age exceeding 21 years and thereby the gift to that beneficiary or class or any member thereof or any gift over, remainder, executory limitation or trust … instrument the absolute vesting either of capital or income of property or the ascertainment of a beneficiary or class of beneficiaries, is made to depend on the attainment by the beneficiary or members of the class of
class
Matched in: Term class
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gift
Matched in: Term gift
Contingent legacy
after-wards are void not only in regard to gifts to particular persons but in regard to the whole class if it includes some in whom the gift would not vest within the period has been mitigated by
Such
the legatee may desire, enables the legatee to take the whole; and if the gift embraces only a class of testator's property, then the whole of such class may be appropriated by the legatee, Arthur v. Mackinnon,
Clarendon, constitutions of, assize of
a group--such as the children or issue of a named person. The share of any donee under a gift by will to a class if he predeceases the testator does not lapse but survives to the other … king, and without any appeal to the sanction of 'custom'; see Mrs. J. R. Green's Henry the Second. Class. A term for a number of persons who are intended to be indicated as a group--such as the
Tenants-in-common with cross remainders in tail
is left. In wills, cross remainders in tail are generally implied if there is a gift to a class as tenants-in-common in tail with a gift over, but not if the grant is by deed.
rule of convenience
rule of convenience :a common-law rule providing that in the interest of convenience and fairness a class (as of descendants) which is to receive a gift need not be closed until the distribution of the
Faculty
capacity capacity for any of the leading kinds of soul activity as knowledge feeling volition intellectual endowment or gift power as faculties of the mind or the soul … capacity for any natural function especially an original mental power or capacity for any of the well known classes of mental activity psychical or soul capacity capacity for any of the leading kinds of soul activity as
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