Lost Will A will that has been lost and which may, under certain circumstances, be reconstructed for probate. Property Cost Calculator. Commorientes Two or more persons dying at about the same time, usually in the same event, but in circumstances in which it is impossible to determine the order of death. B1 and B2 constitute one "branch" of the family, and collectively receive a share equal to the shares received by C and D as branches figure 1. Bare Trust A trust that is or has become passive for the trustee because all the duties the settlor may have imposed upon the trustee have been performed or any conditions or terms have come to fruition. A matter that is sub judice is before the courts and awaits adjudication.
Per stirpes is a legal term from Latin.
Legal Maxims Latest laws
An estate of a decedent is distributed per stirpes if each branch of the family is to receive an equal share of an estate. Ad Interim is a Latin term which means in the mean time. For example, when a main officer is absent or incapable of carrying out his/her responsibilities another. trusts, it usually means that each branch of a family is to receive a specified share residuary estate to her grandchildren living at her death in equal shares per.
Example 1A: The testator Aspecifies in his will that his estate is to be divided among his descendants in equal shares per stirpes.
Grey and Co Solicitors Inverness Glossary of Scottish Legal Terms
Proof in Common Form A summary approval of an uncontested will by the court, subject to subsequent contest. Precatory Words Words that express a wish or a desire rather than a clear command. Share quoted cum div, are brought and sold with the right that the buyer shall receive the dividend that has been declared but has not yet been distributed.
Per Capita Latin: by the head.
AppendixEnglish legal terms Wiktionary
Donee The recipient of a trust; either the trustee or the beneficiary. Roman-Dutch law, is broadly Roman Law and hence the use of Latin interpreted and developed by Dutch lawyers of the seventeenth and eighteenth century.
of the trust for the purposes of establishing interim payments to a beneficiary. BILL PRESENT LAW interest in the reverted rights. children and grandchildren shall in all cases be divided among them on a per stirpes provide otherwise, continues in effect for the remainder of the extended renewal term. except in the case of books seeking ad interim protection under section 22 of this title. Find a Law Firm in South Africa, Research the law, FAQ's on a wide variety of legal topics, Legislation AD INTERIM- meaning 'for the meantime'.
PER STIRPES – is where a deceased's child's heir can inherit in his or her place.
Kin A blood relative.
Ad Interim Law and Legal Definition USLegal, Inc.
Mystic Will A sealed and secret will requiring strict formalities and available only in limited civil law jurisdictions. Parentelic Lineal; an intestate estate distribution that promotes lineal descendants. Family Trust A trust device generally restricted to beneficiaries of a same family.
Express Trust A trust which is clearly created by the settlor, usually in the form of a document eg.
Duhaime's Trusts, Wills, Estates and Probate Law Dictionary
Ad interim legal meaning of per stirpes
|Property Law. Guardian Ad Litem A guardian appointed to direct litigation on behalf and in the interests of a person otherwise incapable of managing their affairs.
Unnatural Will A will which differs from what might of been otherwise expected of a testator such as a large gift to a stranger, or the exclusion of his children from his estate. Inurement Clause A clause in a clegal document, such as a contract or will, that purports to extend the benefits of the document beyond the signatories.