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Simple English definitions for legal terms
haeredibus et assignatis quibuscunque
Read a random definition: Stepped-up basis
A quick definition of haeredibus et assignatis quibuscunque:
Term: HAEREDIBUS ET ASSIGNATIS QUIBUSCUNQUE
Definition: This is a legal phrase used in Scots law that means "to heirs and assignees whomsoever." It is a simple way of saying that something can be passed down to someone's heirs or assigned to someone else, without specifying who those people might be.
A more thorough explanation:
HAEREDIBUS ET ASSIGNATIS QUIBUSCUNQUE
Haeredibus et assignatis quibuscunque is a Latin legal term used in Scots law. It means "to heirs and assignees whomsoever". It is a simple destination phrase.
1. John bequeathed his estate to his haeredibus et assignatis quibuscunque, meaning that his property will be inherited by his heirs and any assignees, regardless of who they are.
2. The contract stated that the rights to the intellectual property would be transferred to the haeredibus et assignatis quibuscunque of the company, ensuring that any future heirs or assignees would also have ownership.
The examples illustrate how the term haeredibus et assignatis quibuscunque is used in legal documents to specify that property or rights will be passed down to heirs and any assignees, without any restrictions on who those heirs or assignees may be. This ensures that the property or rights will continue to be owned and managed by those who are entitled to it, regardless of any changes in ownership or succession.