- substitutional gift
-
substitutional gift see gift
Merriam-Webster’s Dictionary of Law. Merriam-Webster. 1996.
substitutional gift
Look at other dictionaries:
substitutional gift — See substitution by will … Ballentine's law dictionary
gift — A voluntary transfer of property by one to another without any consideration or compensation therefor; anything given or bestowed, or any piece of property voluntarily transferred by one person to another. 24 Am J1st Gifts § 2. As the word is… … Ballentine's law dictionary
substitutional — or substitutionary Where a will contains a gift of property to a class of persons, with a clause providing that on the death of a member of the class before the period of distribution his share is to go to his issue (if any), so as to substitute… … Black's law dictionary
substitute gift — sub·sti·tute gift n: substitutional gift at gift Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 … Law dictionary
substitutionary — substitutional or substitutionary Where a will contains a gift of property to a class of persons, with a clause providing that on the death of a member of the class before the period of distribution his share is to go to his issue (if any), so as … Black's law dictionary
substitution by will — The effect of a clause in a will whereby the testator provides for the replacement of the beneficiary of a particular bequest by another person, or the replacement of a bequest to a designated beneficiary by another bequest to or in favor of the… … Ballentine's law dictionary
