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LSDefine
Simple English definitions for legal terms
cumulative legacy
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A quick definition of cumulative legacy:
Cumulative legacy: A type of gift that someone leaves in their will. It's when they give more than one gift to the same person in the same will. This is different from just giving the same gift twice. For example, if someone leaves their friend $100 and then also leaves them their car, that's a cumulative legacy. The friend gets both gifts, not just one or the other.
A more thorough explanation:
Definition: A cumulative legacy is a type of legacy given in a will that adds to an existing legacy. It is also known as an additional legacy. It is a second gift given to a legatee in the same will or codicil that gave another legacy. It is not considered a repeated expression of the same gift, but rather a supplementary gift.
Example: A grandfather leaves $10,000 to his grandson in his will. Later, he decides to leave an additional $5,000 to the same grandson in a codicil to the will. This $5,000 is a cumulative legacy or an additional legacy.
This example illustrates how a cumulative legacy is a second gift given to a legatee in the same will or codicil that gave another legacy. It is a separate gift and not a repeated expression of the same gift.