Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

accumulative legacy

Read a random definition: support deed

A quick definition of accumulative legacy:

Accumulative Legacy: A type of gift that someone leaves behind in their will. It means that the person who is supposed to receive the gift has not yet received it. It is also called an additional legacy, which is like a second gift given to the same person in the same will.

A more thorough explanation:

An accumulative legacy is a type of gift given by a person in their will, usually of personal property or money. It is a legacy that has not yet been paid to the person who is supposed to receive it, also known as a accumulated legacy. An additional legacy is a second gift given to the same person in the same will or codicil, which is supplementary to the first gift and not a repeated expression of the same gift.

  • John's will states that he wants to leave $10,000 to his daughter, Sarah, and an additional $5,000 to her if she graduates from college. The $5,000 is an accumulative legacy or an additional legacy.
  • Another example of an accumulative legacy is when a person leaves a certain amount of money to a charity, but only if the charity meets a certain goal or condition.

These examples illustrate how an accumulative legacy is a gift that is not immediately given to the recipient, but rather is dependent on certain conditions being met or on the availability of funds.

accumulative judgment | accumulative sentences

Warning

Info

General

General chat about the legal profession.
main_chatroom
👍 Chat vibe: 0 👎
Help us make LSD better!
Tell us what's important to you
HopefullyInLawSchool
16:06
it means you will not be rejected today and may be accepted or WL in the future
Just got my Michigan rejection
BookwormBroker
16:10
same
RoaldDahl
16:10
@HopefullyInLawSchool: what if i already got rejected. does it mean anything
HopefullyInLawSchool
16:12
@RoaldDahl: Likely not however it could mean nothing
RoaldDahl
16:15
So if it means nothing does that mean something?
HopefullyInLawSchool
16:17
Possibly
RoaldDahl
16:26
Cool
RoaldDahl
16:26
thank you!!!! i hope it means something
pinkandblue
16:31
fart
IrishDinosaur
16:36
Mich R gang lesgooo
Did anyone else get that random get to know nova email?
HopefullyInLawSchool
17:21
Ya it was sent to all YM applicants
starfishies
17:37
Anyone get the NDLS email inviting you to apply for something even though they haven’t made a decision on your app yet
17:38
Better yet I got the email and I was rejected last month
starfishies
17:38
Wtf
starfishies
17:39
and the deadline is in like a week what is this
any cardozo movement?
BatmanBeyond
18:01
Sent a LOCI via portal, but I'm wondering if email would have gotten me a swifter response
BatmanBeyond
18:02
This whole hold/wait-list/reserve system is a headache
loci already?
BatmanBeyond
18:09
If the odds are like 1-2% I don't think it matters much by the numbers
12:11
I got the same NDLS email
OrangeThing
12:18
I think the user profiles are broken
19:29
Any word out of Notre Dame?
19:29
Only the invitation to apply for LSE
19:29
Anyone received a decision from NDLS?
19:50
when did u guys apply that just heard from umich? they havent even glanced at my app yet
0:30
how am i supposed to spy on people when profile links are broken?
Right. Broken links smh
LSD+ is ad-free, with DMs, discounts, case briefs & more.