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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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TGM
18:40
I actually do have a transcript issue that registrar needs to resolve, should I say that
TGM
18:41
(Course marked as Incomplete that’s supposed to be removed)
TGM
18:41
not sure if I should email them to say that, or just hold off on sending it and not give an excuse
18:41
I think I just wouldn’t reach out and if they ask for them then say that
Dkk
18:41
@tgm Yeah sounds good, say that if they ask
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hey yall
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im premed idk why im here
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we’re like cool and sexy and fun I get it
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true i love ur user
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thank you my little crow friend
Dkk
18:50
Med law easy done
medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
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it doesn't hurt its just tingly
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It needs more alcohol. You tingle when your nerves need watering.
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try stretching it maybe to see what's up
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stretches make me think it's just soreness
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what.jpg @Dkk
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You think you just fell out of a coconut tree?
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