Contingently - Law Dictionary Search Results

contingent claim

contingent claim A claim that may be owed by the debtor under certain circumstances, e.g., where the debtor is

contingent beneficiary

contingent beneficiary see beneficiary

contingent annuity

contingent annuity see annuity

Keep your definitions linked to case research

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

Remainder

as in former, case is called the particular estate.' Remainders are of three kinds:-(1) vested of executed; (2) contingent or executory; and (3) cross. The seven following rules affecting the remainders should be observed:- (1) There must

Executory devise

would be void; for wherever a future interest is so limited by devise as to operate as a contingent remainder, such an interest is not an executory devise, but a contingent remainder. Executory Devises have been divided

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)

interest

beneficial interest : the right to the use and benefit of property [a beneficial interest in the trust] contingent interest : a future interest whose vesting is dependent upon the occurrence or nonoccurrence of a future event

Springing use

legal estate was conferred upon A. attaining that age by virtue of the statute. The use may be contingent as in that case, or vested, as grant to B. to the use of A. in fee upon

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