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

译员Susanne，知名国际商学院金融专业，专注翻译各种与并购诉讼有关的法律文件。