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LSDefine

Simple English definitions for legal terms

conditional bequest

Read a random definition: reverse passing off

A quick definition of conditional bequest:

A conditional bequest is a special rule that someone puts in their will or trust to say that the person who inherits something has to meet certain conditions before they can get it. These conditions can be almost anything, like reaching a certain age or graduating from college. But they can't be things that go against what's right for everyone, like saying someone can only get the inheritance if they get divorced.

A more thorough explanation:

Conditional bequest is a term used in wills and trusts to add requirements to inheritances before the recipient can collect them. These conditions can be almost anything, as long as they do not go against public policy.

  • Jackie leaves $100,000 to her nephew, but only after he turns 21.
  • Louise leaves her house to her daughter, but only if her daughter graduates from college.

These examples illustrate how a person can add conditions to their bequests. In the first example, Jackie's nephew must wait until he is 21 years old before he can receive the money. In the second example, Louise's daughter must graduate from college before she can inherit the house.

It's important to note that a conditional bequest cannot violate public policy. For example, if Paul were to leave all of his estate to his friend John, but only if John divorces his wife, this condition would be against public policy and would not be valid.

condition subsequent | conditional ownership

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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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