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Simple English definitions for legal terms
spes accrescendi
Read a random definition: estoppel in pais
A quick definition of spes accrescendi:
Term: spes accrescendi
Definition: Spes accrescendi is a Latin term that means "hope of accrual." It refers to the hope of receiving an additional share of an inheritance or legacy by surviving the other beneficiaries. For example, if a person's parent dies and leaves their estate to their children, but one of the children dies before the parent, their share of the inheritance may go to their own children instead of being divided among the surviving siblings. This is known as spes accrescendi.
A more thorough explanation:
Spes Accrescendi
Spes Accrescendi is a Latin term that means "hope of accrual." It refers to the hope of receiving an additional share of an inheritance or legacy by surviving the other beneficiaries.
For example, if a grandfather leaves his estate to his three grandchildren, and one of them dies before him, the surviving grandchildren will have the spes accrescendi, which means they will receive a larger share of the inheritance.
Another example is if a parent leaves their estate to their children, and one of the children dies before them, the surviving children will have the spes accrescendi, which means they will receive a larger share of the inheritance.
These examples illustrate how spes accrescendi works in practice. It is a legal concept that ensures that the inheritance is distributed fairly among the surviving beneficiaries.