lapsed legacy

A legacy to a legatee who dies either before the testator dies or before the legacy is payable.

• It falls into the residual estate unless the jurisdiction has an antilapse statute.

— Also termed failed legacy; failed gift. See ANTILAPSE STATUTE. [Cases: Wills 774–777. C.J.S. Wills §§ 1791–1808.]


专业法律词汇 词条贡献者
法律翻译Johnny,毕业于新加坡知名法学院,专注翻译各类与劳动、雇佣和福利有关的法律文件。
Scroll to Top