Classification of Legacies

Specific
1. legacy of specific subject
2. Ademption
  1. revocation by implication
    1. Ogilvie-Forbes
      1. already sold
    2. McArthurs Exr v Guild
      1. Hotel
      2. Contract not finished
        No ademption
Demonstrative
1. particular fund to be paid from
General
1. no idividual character
Universal
1. Whole estate
Reisduary
1. remainder of estate
Abatement
1. Reduction of legacies where not enough money
  1. 1. Residuary
    1. 2.General
      1. 3. Demonstrative
        4. Special
Detsinations over
1. Substitute
  1. Continued right
  2. heritable
2. Conditional institute
  1. no right if A survives
  2. moveable
Joint Legacies
1. Accretion
  1. share increases if predecease
  2. Andrews Exr v Andrews Trs
    1. To sisters
      1. accretion applied
  3. Words of severance
    1. Paxtons Tr v Cowie
      1. 'equally amoung them'
Conditio si institutus sine liberis decesserit
1. implied destination over to descendant
  1. Devlins Trs v Breen
    1. bequest should not fail unless no issue
  2. delectus personae
    1. personal favour
      1. rebuts presumption
2. Loco parentis
  1. niece/nephew may benefit
  2. In place of parent
Conditions
1. Potestative
  1. within beneficiaries power
    1. Miller Petr
      1. Provide home for testator
2. Casual
  1. Outwith control
    1. suspensive
      1. supends vesting
        eg age
    2. resolutive
      1. vesting may be defeated
Repugnancy
1. restriction on right
Vesting
1. earliest possible date
2. intestate succession: on death
3. Contional legacy may be dependant on time

Nächster

Classification of Legacies

Beschreibung

Zusammenfassung der Ressource

ähnlicher Inhalt

	Erstellt von 40055097 vor etwa 10 Jahre