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LSDefine

Simple English definitions for legal terms

universal legacy

Read a random definition: mutation of libel

A quick definition of universal legacy:

Universal Legacy: A gift that someone leaves behind after they die. It can be money or things that they owned. There are different types of legacies, like ones that are given right away and ones that are given later. Some legacies depend on certain things happening, like a person reaching a certain age. Others can be chosen by the person who receives it. Sometimes, a legacy can only be paid from a specific source of money, but if there isn't enough, it can come from other places too.

A more thorough explanation:

A universal legacy is a type of legacy that is given by a person through their will. It refers to the gift of all or a portion of the testator's estate to a person or group of people. This type of legacy is not limited to personal property or money, but can include any assets that the testator owns.

  • John's will states that his entire estate will be left to his wife, Mary.
  • Susan's will states that her estate will be divided equally among her three children.

In the first example, John has left a universal legacy to his wife, Mary, which means that she will inherit all of his assets. In the second example, Susan has left a universal legacy to her three children, which means that they will inherit an equal share of her estate.

Overall, a universal legacy is a way for a person to ensure that their assets are distributed according to their wishes after they pass away.

universality | universal legatee

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22:37
i used to get a slice from there or wings over at like 1am after my shift at the restaurant
Dkk
22:48
Ross Ulbricht free. God Bless Trump. Huge win.
JeremyFragrance
22:54
agreed
texaslawhopefully
22:55
This is an interesting read: https://thedispatch.com/article/birthright-citizenship-trump-implications/
Dkk
23:01
I mean, idk how it's possible to end birth right citizenship without amending the constitution because to me the 14th amendment is pretty clear about it.
ross ulbricht tried to hire a hitman to kill 5 people
i am not that sympathetic to him
Dkk
23:04
@KnowledgeableRitzyWasp: That might have been an FBI agent. It was most likely him and he was most likely doing it to retrieve stolen funds that corrupt FBI agents stole, but yeah moral gray area but me personally, cool with hitmen. It's not like it is uncommon to hire hitmen. I don't think the action itself is necessarily wrong but the intent behind it can be.
Dkk
23:05
Like, Boeing whistblowers being killed by hitmen = wrong but a guy hiring hitmen to retrieve stolen funds = good to me.
texaslawhopefully
23:05
@Dkk: Yeah, for sure. My guess is it'll go to SCOTUS and it'll be 8-1 or 7-2, saying that EO was unconstitutional.
Dkk
23:06
Indeed. I need a count for how many exectuive orders he has signed and how many already have pending lawsuits.
i've been away for a while what were the most recent waves? any this week?
lilypadfrog
8:12
hi shawties
lilypadfrog
8:16
who’s getting into a law school today raise your hand
jackfrost11770
8:28
I sure hope so at this point
lilypadfrog
8:28
woooo
lilypadfrog
8:28
jackfrost for law school
jackfrost11770
8:29
LILYPADFROG FOR LAW SCHOOL
jackfrost11770
8:29
I really just love how now there's an executive order that says I don't exist as a person
jackfrost11770
8:29
Do I not have to pay taxes now? Loans? What now
lilypadfrog
8:34
you should probably assume this means your law school will be free
GreyCeaselessMammoth
8:34
i love that there's an executive order that we're all female now
jackfrost11770
8:38
I think so yeah. I think I don't have to pay for anything anymore
Trismegistus
8:40
can someone release today my god
lilypadfrog
8:41
i’m boutta release
sounding like that one guy in here who kept saying he was cumming
Dkk
8:43
Was that me cus I just released.
lilypadfrog
8:44
Wahoowa
Dkk
8:45
AI Overview +1 "Wahoowa" is a cheer and greeting used by fans of the University of Virginia (UVA).
Dkk
8:45
Learned something new today. I can sleep knowing I learned something today.
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