Classification of Legacies

Description

Sucession Mind Map on Classification of Legacies, created by 40055097 on 17/04/2014.
40055097
Mind Map by 40055097, updated more than 1 year ago
40055097
Created by 40055097 about 10 years ago
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Resource summary

Classification of Legacies
  1. Specific
    1. legacy of specific subject
      1. Ademption
        1. revocation by implication
          1. Ogilvie-Forbes
            1. already sold
            2. McArthurs Exr v Guild
              1. Hotel
                1. Contract not finished
                  1. No ademption
          2. Demonstrative
            1. particular fund to be paid from
            2. General
              1. no idividual character
              2. Universal
                1. Whole estate
                2. Reisduary
                  1. remainder of estate
                  2. Abatement
                    1. Reduction of legacies where not enough money
                      1. 1. Residuary
                        1. 2.General
                          1. 3. Demonstrative
                            1. 4. Special
                    2. Detsinations over
                      1. Substitute
                        1. Continued right
                          1. heritable
                          2. Conditional institute
                            1. no right if A survives
                              1. moveable
                            2. Joint Legacies
                              1. Accretion
                                1. share increases if predecease
                                  1. Andrews Exr v Andrews Trs
                                    1. To sisters
                                      1. accretion applied
                                    2. Words of severance
                                      1. Paxtons Tr v Cowie
                                        1. 'equally amoung them'
                                  2. 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
                                        3. Loco parentis
                                          1. niece/nephew may benefit
                                            1. In place of parent
                                          2. 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
                                                      1. eg age
                                                    2. resolutive
                                                      1. vesting may be defeated
                                                2. Repugnancy
                                                  1. restriction on right
                                                  2. Vesting
                                                    1. earliest possible date
                                                      1. intestate succession: on death
                                                        1. Contional legacy may be dependant on time
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