conditional legacy or devise

conditional legacy or devise
A legacy or devise, the operative effect of which, by the terms of the will, is made dependent or contingent upon the occurrence of some uncertain event. 57 Am J1st Wills § 1503. See conditional limitation; conditional will; estate on condition; contingent bequest.

Ballentine's law dictionary. . 1998.

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Look at other dictionaries:

  • conditional devise — See conditional legacy or devise …   Ballentine's law dictionary

  • conditional bequest — See conditional legacy or devise …   Ballentine's law dictionary

  • legacy — leg·a·cy / le gə sē/ n pl cies [Medieval Latin legatio, from Latin legare to bequeath]: a gift of property by will; specif: a gift of personal property by will: bequest see also ademption compare devise conjoint leg …   Law dictionary

  • conditional — I adjective alterable, changeable, conditioned, containing stipulations, contingent on, dependent on, depending on, depending on a future event, determined by, equivocal, granted on certain terms, hypothetical, imposing a condition, indefinite,… …   Law dictionary

  • legacy — A disposition of personalty by will. A bequest. In a technical sense and strictly construed, legacy is a gift or bequest by will of personal property, whereas a devise is a testamentary disposition of real estate, but such distinction will not be …   Black's law dictionary

  • legacy — A disposition of personalty by will. A bequest. In a technical sense and strictly construed, legacy is a gift or bequest by will of personal property, whereas a devise is a testamentary disposition of real estate, but such distinction will not be …   Black's law dictionary

  • conditional — That which is dependent upon or granted subject to a condition. As to conditional acceptance conditional appearance conditional bequest conditional contract conditional delivery conditional devise conditional fee …   Black's law dictionary

  • conditional — That which is dependent upon or granted subject to a condition. As to conditional acceptance conditional appearance conditional bequest conditional contract conditional delivery conditional devise conditional fee …   Black's law dictionary

  • devise — /davayz/ A testamentary disposition of land or realty; a gift of real property by the last will and testament of the donor. When used as a noun, means a testamentary disposition of real or personal property and when used as a verb, means to… …   Black's law dictionary

  • devise — /davayz/ A testamentary disposition of land or realty; a gift of real property by the last will and testament of the donor. When used as a noun, means a testamentary disposition of real or personal property and when used as a verb, means to… …   Black's law dictionary

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