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Reciprocal Will - Law Dictionary Search Results

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joint and reciprocal will

Matched in: Term joint and reciprocal will

reciprocal will

Matched in: Term reciprocal will

Cross-remainders

Cross-remainders, reciprocal contingencies of succession, which may be implied in a will but must always be expressed n a deed,

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Mutual testaments

Mutual testaments, wills made by two persons who leave their effects reciprocally to the survivor. Either will may be revoked by notice during the joint lives, but the survivor cannot

will

Matched in: Term will

Will, Estate at

Matched in: Term Will, Estate at

Mutual Will

Matched in: Term Mutual Will

Mutual promises

the same day they will not be a good consideration for each other because of the want of reciprocity of obligation at the moment the contract is made, Story on Contracts

Consideration

other transactions maybe found:' (a) In so-called gratuitous or voluntary promises which are void for want of a reciprocal return however obligatory they may be in morals or in honour. A moral consideration founded upon mere affection … for a transfer of property from one person to another. The nature or quality of the consideration which will be sufficient for these purposes varies with the nature of the transaction and in the absence of consideration

Salary or wages

goods or of the ownership in immovable property for a money consideration. But, in exchange, there is a reciprocal transfer of interest in immovable property. A corresponding transfer of interest in movable property being denoted by the … existence of goods, which form the subject-mater of this sale; (2) The bargain or contract which, when executed, will result in the passing of the property in the goods for a price, (3) the payment, or promise

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