Personal Estate - Law Dictionary Search Results

Half blood

& 4 Wm. 4, c. 106). In the succession to personal estate there was no distinction between the whole and the half-blood

to a trust or equitable interest or lien, and a person purchases it for value, with either actual or constructive notice … land sold for unpaid purchase money, and generally, when an estate is subject to a trust or equitable interest or lien,

Vested remainder

an expectant estate, which is limited or transmitted to a person who is capable of receiving the possession, should the particular

Official assignees

the assignee or assignees chosen by the creditors. All the personal estate, the profits of the realty, and the proceeds of all

Appointment in exercise of a Power

Act, 1925, s. 1(7). Powers may also be reserved over personal estate, and in that case also only the equitable estate now

Ademption

legacy is gone. As to charges on specific legacies of personal estate, see s. 35 of the Administration of Estates Act, 1925.

Tenancy in Common

existed immediately before 1926. This estate is created when several persons have several distinct estates, either of the same or of

Passive trust

January, 1926, in a bare trustee became vested in the person of full age who at that date was entitled to … in order to guard against the forfeiture of a legal estate for life passive trusts, by settlements, were resorted to, and

Autre vie, Estate pur

AC 158. Estate pur autre vie now devolve on the personal representative (Administration of Estates Act,1925, s. 11), and are assets

Contingency with a double aspect

and his heirs for ever; or, where a testator bequeaths personal estate to the first son of A., and if A. should

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