cumulative legacy

cumulative legacy
A legacy in addition to another legacy to the same person in the same will. Where the same beneficiary is given two monetary legacies of the same amount in different clauses of the same will, the presumption is that the testator intended the later bequest to be substitutional rather than cumulative, and the legatee is accordingly entitled to take only it. 57 Am J1st Wills § 1164.

Ballentine's law dictionary. . 1998.

Игры ⚽ Поможем написать курсовую

Look at other dictionaries:

  • cumulative legacy — An additional legacy to the same person • • • Main Entry: ↑legacy …   Useful english 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

  • cumulative bequest — Same as cumulative legacy …   Ballentine's law dictionary

  • Cumulative — Cu mu*la*tive (k? m? l? t?v), a. [Cf. F. cumulatif.] [1913 Webster] 1. Composed of parts in a heap; forming a mass; aggregated. As for knowledge which man receiveth by teaching, it is cumulative, not original. Bacon [1913 Webster] 2. Augmenting,… …   The Collaborative International Dictionary of English

  • Cumulative action — Cumulative Cu mu*la*tive (k? m? l? t?v), a. [Cf. F. cumulatif.] [1913 Webster] 1. Composed of parts in a heap; forming a mass; aggregated. As for knowledge which man receiveth by teaching, it is cumulative, not original. Bacon [1913 Webster] 2.… …   The Collaborative International Dictionary of English

  • Cumulative poison — Cumulative Cu mu*la*tive (k? m? l? t?v), a. [Cf. F. cumulatif.] [1913 Webster] 1. Composed of parts in a heap; forming a mass; aggregated. As for knowledge which man receiveth by teaching, it is cumulative, not original. Bacon [1913 Webster] 2.… …   The Collaborative International Dictionary of English

  • Cumulative system of voting — Cumulative Cu mu*la*tive (k? m? l? t?v), a. [Cf. F. cumulatif.] [1913 Webster] 1. Composed of parts in a heap; forming a mass; aggregated. As for knowledge which man receiveth by teaching, it is cumulative, not original. Bacon [1913 Webster] 2.… …   The Collaborative International Dictionary of English

  • Cumulative vote — Cumulative Cu mu*la*tive (k? m? l? t?v), a. [Cf. F. cumulatif.] [1913 Webster] 1. Composed of parts in a heap; forming a mass; aggregated. As for knowledge which man receiveth by teaching, it is cumulative, not original. Bacon [1913 Webster] 2.… …   The Collaborative International Dictionary of English

  • 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

Share the article and excerpts

Direct link
… Do a right-click on the link above
and select “Copy Link”