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Class Gift - Law Dictionary Search Results

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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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