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demonstrative legacy Line breaks: de¦mon|stra¦tive leg¦acy

Definition of demonstrative legacy in English:

noun

Law
A legacy which is directed to be paid from a specified fund or pool.
Example sentences
  • A general legacy, a demonstrative legacy, and a specific legacy represent the three primary types of legacies.
  • If the fund out of which a demonstrative legacy or an annuity is paid fails, resort may be made to the general assets.
  • Interest is generally payable from death on specific legacies, whereas a general or demonstrative legacy carries interest from the time at which it is payable (usually one year after the death)

Definition of demonstrative legacy in:

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