Contingent Beneficiary - Law Dictionary Search Results
contingent beneficiary
Matched in: Term contingent beneficiary
beneficiary
Matched in: Term beneficiary
Contingent legacy
Matched in: Term Contingent legacy
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vested
forfeiture if employment terminates before retirement [ pension benefits] 2 : having a vested interest [a employee] [a beneficiary] … vested 1 : fully and absolutely established as a right, benefit, or privilege : not dependent on any contingency or condition ;specif : not subject to forfeiture if employment terminates before retirement [ pension benefits] 2 :
Settled land
infant, for a legal estate, or [sub-s. (iii.)] limited in trust for any person for a legal estate contingently on the happening of any event, or [sub-s. (iv.)] limited or in trust for a married woman of … to 1890, subject to safeguards provided by the Acts for the protection of the estate and the other beneficiaries under the settlement, and these powers have been reproduced and extended by the Act of 1925 (see Parts
Cross-remainders
Cross-remainders, reciprocal contingencies of succession, which may be implied in a will but must always be expressed n a deed, and … amongst themselves. The effect of the limitation is tht on the death of any of the class of beneficiaries entitled to cross remainders intail, then upon failure of his or her issue, his or her share and
Uses
either- (1) Resulting; (2) Implied. II. Future or executory, distributable into: (a) Shifting or secondary; (b) Springing; (c) Contingent. See TRUSTS. Objections to uses before the Statute:- 'Though these uses' (see Gilbert, Uses, c. 1, s. 8) … use, equity interfered, and resuming her old dominion, treated C., the person having the second use, as the beneficiary, and compelled B., having the statute use, to deal with the estate for C.'s benefit as a trustee,
annuity
payment of the benefits is made at the beginning of each payment interval rather than at the end contingent annuity : an annuity whose starting or ending date depends on the occurrence of an event (as the … annuity : an annuity in which payments to the annuitant or to the annuitant's estate or to a beneficiary are guaranteed to equal at least the amount of the premium paid for the annuity straight life annuity
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