Residuary Devise - Law Dictionary Search Results
residuary devise
Matched in: Term residuary devise
Wills
restrained by statute from barring or defeating the entail. S. twenty-five includes lapsed and void devises in a residuary devise; s. twenty-six makes a good devise of lands include copyholds and leaseholds as well as freeholds; s. twenty-nine
Residuary devisee
Matched in: Term Residuary devisee
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Lapse
devise or legacy falls into the residuary real or personal estate, as the case may be. If a residuary devise or bequest lapses, the property falls into the intestate estate of the testator, see Easum v. Appleford, (1840)
abate
the Uniform Probate Code, property in the estate that is not specifically given under the will abates first, residuary devises abate second, general devises abate third, and specific devises abate last. … [the legacies abated proportionately] NOTE: A problem arises in estate law when the amount of the bequests and devises made in a will exceeds the assets available in the estate. In such a case, some or all
legacy
is not a universal legacy or a legacy under a universal title called also legacy under particular title residuary legacy : a legacy that consists of all of the testator's estate which has not been distributed through … property by will ;specif : a gift of personal property by will : bequest see also ademption compare devise conjoint legacy in the civil law of Louisiana : a legacy by a single disposition to more than
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