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LSDefine

Simple English definitions for legal terms

accumulative legacy

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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

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does anyone ever think about how we have no idea who everyone else here is? like you guys dont know me at all thats so crazy cause i talked to you more than ppl irl today
i'm a hallucination
the hat man
HopefullyInLawSchool
16:03
isnt r&r a t50?
keep popping benadryls and ill stay online
law school chat roulette
[] baddestbunny
16:04
living out the plot of the movie unfriended in the yale invite-only webinar
You were only invited to round out the numbers anyway lol
Dkk
16:05
I'm too old to r&r, just gunna kms rn.
Dkk
16:05
Gotta get this show on the road.
Dkk
16:05
Lmfao
JumpySubsequentDolphin
16:05
washu stop emailing me while I’m waiting for a decision challenge
[] baddestbunny
16:05
I'm not in their webinar I just thought it would be a funny thing to have happen
[] baddestbunny
16:05
bc I have a sense of whimsy and imagination
Ah, youre a worm gorl'
shaquilleoatmeal
16:07
battle of the bunnies
How bout dat ASU wave
letsseehowitgoesnow
16:08
bunny hows it looking out there?
[] baddestbunny
16:08
I just think it's weird when a make a joke about everyone in the yale webinar being tortured by a malevolent spirit and someone says you only got invited to round out the numbers
why
go off queen
[] baddestbunny
16:09
which number am I rounding out? 5'4 women who deserve to be tortured?
someone invited to the yale webinar would get it
[] baddestbunny
16:10
if you don't get invited to the yale webinar canada sends you an email letting u know you qualify for MAID
what's that
Send MA ID
BulbasaurNoLikeCardio
16:16
LawHub blocking me from status checker, guess I ain't going to law school now
"Go touch grass" - Lawhub
BulbasaurNoLikeCardio
16:17
Pretty much lol
BulbasaurNoLikeCardio
16:18
Even though its only second check of the day
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