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Life Interest - Law Dictionary Search Results

Home Dictionary Name: life interest

life interest

life interest see interestlife interest see interest


interest

an interest lasting for the duration of a person s life that forecloses the ability to affect the property beyond that … benefit of property a beneficial interest in the trust contingent interest a future interest whose vesting is dependent upon the occurrence


Expectation of life

of chance expect to enjoy consult inwood s tables jenkins life interests … chance expect to enjoy consult inwood s tables jenkins life interests


Equitable interests

those which can subsist at law such as estates tail life interests and remainders take effect as equitable interests law of … equitable interests all estates interest and charges in or over land other than those which


Personal property

obvious intention would hold that a was entitled to a life interest merely and that b had during the life of … that b had during the life of a a vested interest in remainder of which he could dispose at his pleasure


Trust

39 but during a minority or if there is a life interest upon an intestacy or administration of a will administration … valuable consideration but if it be merely voluntary the equitable interest will not be enforced unless an actual trust be created


Widow

husband or wife during the residue of his or her life ii if the intestate leave issue but no husband or … the persons named and their issue respectively attain ing vested interests upon trusts corresponding to s 47 supra see s 47


life insurance

set term and does not accumulate cash surrender value universal life insurance life insurance characterized by flexible premiums benefits and payment … schedules by the indexing of cash value to money market interest rates and by the periodic reporting of current value and


Priority

mortgage is by trustees for sale or a tenant for life as estate owner or personal representatives or other persons referred … english land charges act 1925 the assignee of an equitable interest inland having notice will himself be bound to give effect


Estate duty

qb 223 but does not include property in which the life interest is so surrendered more than that time before the … 223 but does not include property in which the life interest is so surrendered more than that time before the death


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