Will Substitute - Law Dictionary Search Results
will substitute
will substitute : a device (as a trust) used instead of a
gift
persons whose number and identity and share of the gift will be determined sometime in the future (as at the death … take under the will (as because of death) called also substitute gift testamentary gift : a gift that does not become
Vendor's lien for unpaid purchase money
purchase money as remains unpaid. The mere giving of security will not prevent the lien arising, unless it appears that the … arising, unless it appears that the security was to be substituted for the lien. Similarly a purchaser will have a lien
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govern
influence in or over [the testator's assets are ed by will substitutes "W. M. McGovern, Jr. et al."] 3 : to … in or over [the testator's assets are ed by will substitutes "W. M. McGovern, Jr. et al."] 3 : to serve
heir
property of a person who dies without leaving a valid will used in jurisdictions whose law is based on English common … in the will but whose legacy will fall to a substitute legatee under a vulgar substitution in the event that he
Novation
The cases on novation between a customer and a firm will be found discussed in Lindley on Partnership. Slight evidence is … Novation, the substitution, with the creditor's consent, of a new debtor for an
Or
precise effect on connecting words, phrases or clauses by 'or' will depend on the context. For the purpose of this chapter … is always that of an alternative or contrast or a substitution. The precise effect on connecting words, phrases or clauses by
Perpetuity
is not to vest until after the expiration of, or will not necessarily vest within the period fixed and prescribed by … the age of 21 years and that age shall be substituted for the age stated in the will, settlement or other
Undue influence
v. Home, (1868) LR 6 Eq 655, and as to wills, see Parfitt v. Lawless, (1872) LR 2 P&M 462. In … a way that deprives a person of free will and substitutes another's objective, Black's Law Dictionary, 7th Edn., p. 1529. Undue
Value
in use. Nothing is more useful than water, but it will purchase scarce anything; scarce anything can be had in exchange … it can make other than bad English. Mr. De Quincey substitutes the term 'exchange value,' which is unexceptionable, 1 Mill's Pol.
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