Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

alternate legacy

Read a random definition: mootness doctrine

A quick definition of alternate legacy:

Alternate Legacy: A type of gift that a person can leave in their will. It allows the person receiving the gift to choose between two or more items. For example, if someone leaves an alternate legacy of a car or a boat, the person receiving the gift can choose which one they want.

A more thorough explanation:

An alternate legacy is a type of legacy in which the testator allows the legatee to choose one of two or more items. It is a gift by will, especially of personal property and often of money.

  • A testator leaves a will that gives his son the option to choose between a car or a house as his inheritance.
  • A testator leaves a will that gives his daughter the option to choose between a sum of money or a piece of jewelry as her inheritance.

These examples illustrate how an alternate legacy allows the legatee to choose between two or more items as their inheritance. The testator gives the legatee the power to choose what they want to inherit, which can be beneficial if the legatee has a preference or if the items have different values.

alternate | alternate valuation date

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
starfishies
4:22
<3
starfishies
4:22
<3
starfishies
4:47
<3
starfishies
4:47
<3
starfishies
4:47
<3
starfishies
4:47
<3
starfishies
4:47
<3
starfishies
4:47
<3
12:12
Don't do drugs, kids
[] c0bra1
12:21
awww man
13:10
what i miss
MrThickRopes
13:32
Fo pm boutta be a movie
15:22
@MrThickRopes: I went on a bender last night, I threw back like 3 sparking waters. It was crazzyyy
MrThickRopes
16:11
partyyy animallll
Jacobdoeshisbest
19:12
@starfishies: are you okay?
19:44
Don't mind her, she is in ketamine goblin mode
22:36
@DigiFartHoe: Keto > ketamine
Jacobdoeshisbest
22:56
@DigiFartHoe: your profile has me dead lol
Naw fr
babycakes
11:06
You’re either part of the solution, or you’re part of the precipitate.
12:09
rise and shine, whorediots
12:10
@Jacobdoeshisbest: ivy league talent forced into this let's the commoners have exposure to high level creativity
12:10
jk i dont suck my own cock
but itd be okay if you did
12:24
I dont fucks wit those... reprobate activities
12:24
All the power to you, say hi to judas
13:52
@DigiFartHoe: Hello Brother, how are you today?
yall think Tulane will have any spots left after deposits??
23:22
this sucs i just wanna live in a farm
1:41
thoughts on loyola los angeles
LSD+ is ad-free, with DMs, discounts, case briefs & more.