Legacy in UK Law
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Carr-Glyn v Frearsons (A Firm)
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The duty owed by the solicitors to the specific legatee is not a duty to take care to ensure that the specific legatee receives his legacy. It, also, is a duty to take care to ensure that effect is given to the testator's testamentary intentions. The loss from which the specific legatee is to be saved harmless is the loss which he will suffer if effect is not given to the testator's testamentary intentions.
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Re Wright. Blizard v Lockhart
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In the case of a legacy to an individual, if he survived the testator it could not be argued that the legacy would fall into the residue. Even if the legatee died intestate and without next of kin, still the money was his, and the residuary legatee would have no right whatever against the Crown. So, if the legatee were a corporation which was dissolved after the testator's death, the residuary legatee would have no claim.
Obviously it can make no difference that the legatee ceased to exist immediately after the death of the testator. The same law must be applicable whether it was a day, or month, or year or, as might well happen, ten years after; the legacy not having been paid either from delay occasioned by the administration of the estate or owing to part of the estate not having been got in.
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Marshall (Inspector of Taxes) v Kerr
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In English law the rights of a testamentary legatee in the unadministered estate of a testator are well settled: see Lord Sudeley v. Attorney General [1897] A.C. 11 and Commissioner of Stamp Duties (Queensland) v. Livingston [1965] A.C. 694. A legatee's right is to have the estate duly administered by the personal representatives in accordance with law. But during the period of administration the legatee has no legal or equitable interest in the assets comprised in the estate.
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Re P
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There is one other aspect of the “best interests” test that I must consider. In deciding what provision should be made in a will to be executed on P's behalf and which, ex hypothesi, will only have effect after he is dead, what are P's best interests? Mr Boyle stressed the principle of adult autonomy; and said that P's best interests would be served simply by giving effect to his wishes. That is, I think, part of the overall picture, and an important one at that.
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Re Nichols, decd
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Having thus reviewed the authorities, we return to the question what was given, and we think that a grant of the fee simple, subject to and with the benefit, of a lease back, where such grant is made by a person who owns the whole freehold free from any lease, is a grant of the whole fee simple with something reserved out of it, and not a gift of a partial interest leaving something in the hands of the grantor which he has not given.
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Blackwell and another v Blackwell and Others
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A testator cannot reserve to himself a power of making future unwitnessed dispositions by merely naming a trustee and leaving the purposes of the trust to be supplied afterwards, nor can a legatee give testamentary validity to an unexecuted codicil by accepting an indefinite trust, never communicated to him in the testator's lifetime ( Johnson v. Ball, 5 de G & S 85; re Boyes, 26 Ch. D. 531; Riordan v. Banon, 10 Irish Eq. Rep. 469; re Hetley, 1902 2 Ch. D. 66
- The Value Added Tax (Refund of Tax to the London Legacy Development Corporation) Order 2015
- The London Legacy Development Corporation (Establishment) Order 2012
- The London Legacy Development Corporation (Tax Consequences) Regulations 2012
- The London Legacy Development Corporation (Planning Functions) Order 2012
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Some thoughts on legacy collections
Purpose: The purpose of this paper is to consider the term “legacy collections” and aspects of their present and future states. This is a personal viewpoint. Design/methodology/approach: Examples ...
- Collective Agreements: The Kahn‐Freund Legacy
- Liability for Inadvertence: A Lordly Legacy?
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Using legacy resources.
...In today's ebusiness era, the most successful companies will be those that best exploit their current systems while simultaneously developing new applications to improve business processes, according to Information Builders. In outlining its thoughts......