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LSDefine

Simple English definitions for legal terms

all-or-nothing rule

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A quick definition of all-or-nothing rule:

The all-or-nothing rule is a legal rule that says if a group of people are supposed to get something, but one person in the group can't get it, then nobody in the group can get it. This means that even if some people in the group could have gotten what they were supposed to get, they won't get it because of the one person who couldn't. This rule is used to make sure that everyone in the group is treated fairly and nobody gets left out.

A more thorough explanation:

The all-or-nothing rule is a legal principle that states that if a class gift is invalid in part, then it is invalid in its entirety. This means that even if a class member's interest in the gift vests within the legal time limit, it can still be invalidated if another class member's interest is subject to partial divestment.

Let's say that a wealthy individual creates a trust fund for their grandchildren, with the stipulation that the funds will be distributed equally among all grandchildren when the youngest turns 25 years old. However, if any grandchild dies before turning 25, their share will be divided among the surviving grandchildren.

If one of the grandchildren dies before turning 25, their share would be divided among the surviving grandchildren. However, if the trust fund was created in a jurisdiction that follows the all-or-nothing rule, the entire gift would be invalidated because it is subject to partial divestment.

Another example could be a will that leaves a gift to "all of my nieces and nephews." If one of the nieces or nephews is deemed ineligible to receive the gift due to the all-or-nothing rule, then the entire gift would be invalidated.

These examples illustrate how the all-or-nothing rule can have significant consequences for class gifts, even if some class members are eligible to receive their share of the gift.

all-or-none order | allotment

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MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
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