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LSDefine

Simple English definitions for legal terms

demonstrative devise

Read a random definition: Obligee

A quick definition of demonstrative devise:

A demonstrative devise is when someone gives a specific amount of money or property to someone else in their will, but it's only payable from a certain source. If that source doesn't have enough, then it can come from the general assets of the person's estate. It's like saying, "I want you to have this money, but if there's not enough in this account, you can still have it from my other money."

A more thorough explanation:

Definition: A demonstrative devise is a type of gift given in a will that is usually a specific amount of money or a certain piece of property. It is primarily payable from a designated source, but if the designated property is insufficient, it may be payable from the estate's general assets.

Example: If a person's will states, "I leave $10,000 to my niece, Jane, from the proceeds of the sale of my car," this is a demonstrative devise. The gift is primarily payable from the sale of the car, but if the car does not sell for enough money, the gift may be paid from the estate's general assets.

This type of gift is different from a pecuniary devise, which is a demonstrative devise consisting of money only.

Explanation: A demonstrative devise is a way for a person to give a specific gift to someone, but with the understanding that the gift may need to be paid from the estate's general assets if the designated source is not enough. This type of gift is useful when a person wants to give a specific gift, but is not sure if there will be enough money or property to cover it. The example given shows how a person can leave a specific amount of money to someone, but only if the sale of a specific item (in this case, a car) generates enough money to cover the gift. If it does not, the gift can still be paid from the estate's general assets.

demonstrative bequest | de morte antecessoris

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renard99
14:14
But as Lilypad said it's probably just maintained atp, no major updates
14:15
fwiw all the UCLSF students I know still basically say hastings. even the huge crest in the foyer still says hastings
renard99
14:15
@llama: Man I'd be more than happy to
14:15
LSD is in decay age of social network
renard99
14:15
^LMAO yeah
renard99
14:15
Basically accepted atp that I'm gonna have to R&R so might as well take up some jobs while I'm at it
14:15
sad. imagine being here in 2005/2010 when it was 100 operational. woe is me
@llama: back when 160s meant t14
14:16
born too late to experience full LSD born too soon to explore the galaxy
14:16
^ gets it
lilypadfrog
14:16
https://www.lsd.law/users/creep/cryptanon this is one of the guys who made the website
14:16
@lilypadfrog: wow more recent than i would have wagered
14:17
how is it so that I creep a rando and their app year is 2005-2005?
14:17
2005-2006* for example
renard99
14:18
^ find that rando in your circle and ask them where they've stored all their cycle letters
ReminiscentZestyFish
14:18
Vandy??
renard99
14:18
Possibly in a dark corner of the attic in a box
VANDY
soyalmondoatmilk
14:18
vandy A let's gooooo
all the Vandy
ReminiscentZestyFish
14:18
Aint no way
jackfrost11770
14:19
Wow that's awesome nothing from vandy
GreyCeaselessMammoth
14:19
what
GreyCeaselessMammoth
14:19
fuck
renard99
14:19
@soyalmondoatmilk: Congratulations!!!
jackfrost11770
14:19
I applied in November
jackfrost11770
14:19
Idk when the As did
GreyCeaselessMammoth
14:19
does anyone know if they usually release all at once or waht
nothing
jackfrost11770
14:20
Well I hope not otherwise I'm screwed
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