divide and pay over rule

divide-and-pay-over rule. Wills & estates. The principle that if the only provisions in a testamentary disposition are words ordering that payment be made at some time after the testator’s death, time will be of the essence and the interest is future and contingent rather than vested and immediate. [Cases: Wills 630(6). C.J.S. Wills § 1339.]

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词条贡献者

资深译员姚坚，毕业于一所培养高级翻译以及跨文化事务专家的精英大学，专注翻译各种与私募资本有关的法律文件。