Class Gift - Law Dictionary Search Results
class gift
class gift see gift
Perpetuity
income of property or the ascertainment of a beneficiary or class of beneficiaries, is made to depend on the attainment by … class of an age exceeding 21 years and thereby the gift to that beneficiary or class or any member thereof or
class
not be determined until sometime in the future see also class gift at gift b : a group of securities (as stocks
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gift
of property without compensation see also delivery compare donation, sale class gift : a usually testamentary gift of a sum to a
Contingent legacy
gifts to particular persons but in regard to the whole class if it includes some in whom the gift would not
Such
take the whole; and if the gift embraces only a class of testator's property, then the whole of such class may
Clarendon, constitutions of, assize of
of 'custom'; see Mrs. J. R. Green's Henry the Second. Class. A term for a number of persons who are intended … a named person. The share of any donee under a gift by will to a class if he predeceases the testator
Tenants-in-common with 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
rule of convenience
providing that in the interest of convenience and fairness a class (as of descendants) which is to receive a gift need
Benami
Benami, the word 'benami' issued to denote two classes of transactions which differ from each other in their legal … flowing for the transfer was not intended to be a gift in favour of the person in whose name the transfer
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