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766019
Classification of Legacies
Description
Sucession Mind Map on Classification of Legacies, created by 40055097 on 17/04/2014.
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sucession
Mind Map by
40055097
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Created by
40055097
about 10 years ago
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Resource summary
Classification of Legacies
Specific
legacy of specific subject
Ademption
revocation by implication
Ogilvie-Forbes
already sold
McArthurs Exr v Guild
Hotel
Contract not finished
No ademption
Demonstrative
particular fund to be paid from
General
no idividual character
Universal
Whole estate
Reisduary
remainder of estate
Abatement
Reduction of legacies where not enough money
1. Residuary
2.General
3. Demonstrative
4. Special
Detsinations over
Substitute
Continued right
heritable
Conditional institute
no right if A survives
moveable
Joint Legacies
Accretion
share increases if predecease
Andrews Exr v Andrews Trs
To sisters
accretion applied
Words of severance
Paxtons Tr v Cowie
'equally amoung them'
Conditio si institutus sine liberis decesserit
implied destination over to descendant
Devlins Trs v Breen
bequest should not fail unless no issue
delectus personae
personal favour
rebuts presumption
Loco parentis
niece/nephew may benefit
In place of parent
Conditions
Potestative
within beneficiaries power
Miller Petr
Provide home for testator
Casual
Outwith control
suspensive
supends vesting
eg age
resolutive
vesting may be defeated
Repugnancy
restriction on right
Vesting
earliest possible date
intestate succession: on death
Contional legacy may be dependant on time
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