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LSDefine

Simple English definitions for legal terms

legacy

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A quick definition of legacy:

Legacy is a gift that someone leaves in their will. It's usually something personal, like a special object or a part of their estate. Sometimes, it's a general gift that can come from any of their assets. A legacy can also be paid from a specific fund. It's different from a gift of real property, which is called a devise. But sometimes people use these words interchangeably. Legacy is also called a bequest.

A more thorough explanation:

Legacy is a gift of personal property that someone leaves in their will after they die. It's important to note that a legacy is not a priority over the debts that the person who died may have owed. There are different types of legacies:

  • Specific legacy: This is when the gift is a specific object or part of the estate of the person who died. For example, a specific legacy could be a piece of jewelry or a painting.
  • General legacy: This is when the gift can come from any of the assets of the person who died. For example, a general legacy could be a sum of money.
  • Demonstrative legacy: This is a general legacy that will be paid from a specific fund from the person who died. For example, a demonstrative legacy could be a sum of money that will be paid from the sale of a specific property.

It's important to note that a legacy is different from a devise, which is a gift of real property through a will. However, the terms legacy and devise can sometimes be used interchangeably depending on the context and the intent of the person who made the will.

For example, if someone leaves a specific legacy of their car to their niece in their will, the niece will receive the car after the person dies. If someone leaves a general legacy of $10,000 to their favorite charity, the charity will receive the money from any of the assets of the person who died. If someone leaves a demonstrative legacy of $5,000 to their grandchild from the sale of their vacation home, the grandchild will receive the money from the sale of the vacation home.

Lee v. Weisman (1992) | legal

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Law-Shark
16:45
You live and you learn
16:45
because i did let one of the staff know i'd be leaving early and thought that would be enough
16:46
but i was confused why i got an e-mail with a room cuz I didn't ask for it at all
Law-Shark
16:46
Well, you know now what to do.
16:47
well on their end they prob shouldn't just be buying hotel rooms for ppl who don't request it and then getting mad I didn't go
16:48
goof
16:48
Did you get any materials for admitted students day explaining that they would be booking hotel rooms?
16:49
there was an opt in on the form but I didn't select yes
16:49
Hmm, that's weird
16:50
i think it's unprofessional of them to call you like what if you had an emergency and had to leave? why is it their business why you didn't stay? not like they're lacking money and $100.00 hotel room is gona make them bankrupt
16:50
i figured it was an error and I was on the road so I didn't read into it. plus it would make more sense for it to be the night before cuz it started at 9am? so I was like uhhh and paid it no mind
16:51
@bigfatsloth: that's what i'm saying, they were gonna pay no matter what
16:54
"This is like peak disconenct between the male and female brain." like bffr
16:55
It was probably an administrative error then. I can't imagine why they would book hotel rooms for people that didn't select yes. I would maybe follow up with them and apologize for the misunderstanding to avoid any awkwardness
Denny
16:56
who watch that arsenal game
16:56
I'm a Chelsea fan unfortunately
damn why are yall fighting i the lsd.law gc
Denny
17:14
@ET025: but ur not watching champions league?
Denny
17:15
declan rice did a madness
17:20
@Denny: Not today. Doing more LSAT studying this afternoon, but I saw that. I think Chelsea missed out on him. (this is probably more suited for OT)
Does anyone have experience getting their aid package reconsidered at WashU? How long does it take to hear back after sending the form?
MrThickRopes
21:01
fo pm gon be good to us tmrw
Mr ropes is hopeful again so I am too
21:33
lets go ropes
21:53
[deleted by starfishies]
MrThickRopes
5:46
goo morning
MrThickRopes
5:46
i ain slept i'm wired af
MrThickRopes
5:46
FO PM GON BE A MOVIIIIEEEEEE
MrThickRopes
8:28
Good morning USAAA
MrThickRopes
8:28
I’ve got a feeling that it’s gonna be a wonderful day
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