anti–lapse statute — an·ti–lapse statute /ˌan ˌtī laps , ˌan tē / n: a statute providing that in the event a person who would have received a gift under a will dies before the person who made the will dies then the gift is distributed to the heirs of the person who… … Law dictionary
anti-lapse statute — A statute intended to prevent the lapse of a legacy or devise by providing, in effect, that, in the event of the death of the legatee or devisee prior to the testator, the legacy or devise shall not lapse but shall take effect as if the death of… … Ballentine's law dictionary
anti-lapse statute — Legislation enacted in most jurisdictions to provide for the testamentary passing of property to heirs and next of kin of the designated legatee or devisee if he dies before the testator, thus preventing a lapse of the legacy and the passing of… … Black's law dictionary
anti-lapse statute — Legislation enacted in most jurisdictions to provide for the testamentary passing of property to heirs and next of kin of the designated legatee or devisee if he dies before the testator, thus preventing a lapse of the legacy and the passing of… … Black's law dictionary
Lapse and anti-lapse — are complementary concepts under the law of wills, which address the disposition of property that is willed to someone who dies before the testator (the writer of the will).LapseLapse is a common law rule that if the person to whom property is… … Wikipedia
anti-lapse — adjective Of or relating to a statute that abrogates the common law rule that if the person to whom property is willed were to die before the testator, then the gift would be ineffective … Wiktionary
lapse — 1 / laps/ n: a termination or failure due to events, neglect, or time: as a: the failure of a bequest (as because the intended recipient dies before the testator) compare anti lapse statute b: the termination of an insurance policy because of… … Law dictionary
lapse — I To glide; to pass slowly, silently, or by degrees. To slip; to deviate from the proper path. To fall or fail. Life & Casualty Ins. Co. of Tennessee v. Wheeler, 265 Ky. 269, 96 S.W.2d 753, 755. See also expiration termination II The termination… … Black's law dictionary
lapse — I To glide; to pass slowly, silently, or by degrees. To slip; to deviate from the proper path. To fall or fail. Life & Casualty Ins. Co. of Tennessee v. Wheeler, 265 Ky. 269, 96 S.W.2d 753, 755. See also expiration termination II The termination… … Black's law dictionary
legacy — A disposition of personalty by will. A bequest. In a technical sense and strictly construed, legacy is a gift or bequest by will of personal property, whereas a devise is a testamentary disposition of real estate, but such distinction will not be … Black's law dictionary