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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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babycat
16:00
@shaquilleoatmeal: I’ll stop by just for you. I gotta grind out some of my last essays tn.
shaquilleoatmeal
16:02
@soyalmondoatmilk: im weak af, can't handle that spicy cashew lmao
shaquilleoatmeal
16:03
@babycat: 😘 see you in a bit, grind out those essays before you hop back on
shaquilleoatmeal
16:04
appreciate the non wink since you didn't appreciate it them then lol
babycat
16:06
I'll do it for you ;)
16:06
Tough to justify attending a law school where the admissions office does epic resistance political commentary at the info session
BulbasaurNoLikeCardio
16:07
making me feel jealous here wow, I am about to go taste test a bunch of deserts for our baby shower this weekend.
BulbasaurNoLikeCardio
16:07
@milktoast: what school got political at an info session?
shaquilleoatmeal
16:11
nothin to be jealous about, i've been trying to slide into babycats dms but shes got a long line I guess I gotta wait in to see if I can get in lmao
babycat
16:11
omg if you get into ASU they give you travel expense reimbursement to go there for a visit. does anyone know which other schools do this? I'd love to get a comped vacation
shaquilleoatmeal
16:12
think BU gives you $300 or somethin
ClassyPleasantHeron
16:12
Where is ASU getting this kind of $$$ from? They waive CAS fees too.
babycat
16:13
@shaquilleoatmeal: yeah but then you have to go to Boston :(
shaquilleoatmeal
16:14
uva too
shaquilleoatmeal
16:14
whats wrong w boston ;(
GOT PROMOTED YAY how do i tell law schools abt this?
like do i type up and separate doc and send as an attachment? how much do i write?
shaquilleoatmeal
16:15
@jackfrost11770: LFGGGG
TYYYYYY
shaquilleoatmeal
16:16
do any of your schools have updated sections in the portal? If so, i'd upload there, if not email. Small paragraph should do it id think
1a2b3c4d26z
16:16
Who wanna play some operation metro later on
1a2b3c4d26z
16:16
Congrats jack!
thank you!!
babycat
16:16
@jackfrost11770: personally I would submit an updated resume reflecting the new position instead of a paragraph but idk what SOP is
getting a bacon egg and cheese in celebration
1a2b3c4d26z
16:18
lfg baby you earned that
babycat
16:20
also congrats!! big win
initiallaw
16:23
congrats!!
:D
the big W is that i get reimbursed for travel now thank GOD
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