|
| ||||
Home>>Bare Acts>>Back to Index | |||||
| |||||
138. Direction that fund be employed in particular manner following absolute bequest of same to or for benefit of any person.- Where a fund is bequeathed absolutely to or for the benefit of any person, but the will contains a direction that it shall be applied or enjoyed in a particular manner, the legatee shall be entitled to receive the fund as if the will had contained no such direction. Illustration A sum of money is bequeathed towards purchasing a country residence for A, or to purchase an annuity for A, or to place A in any business. A choses to receive the legacy in money. He is entitled to do so. | |||||
| |||||
| |||||
| |||||
Home | Law Dictionary | Law Schools | Law Digest | Bare Acts | Disclaimer | Privacy Policy | |||||
| |||||
|
Copy right : Indu Info (All rights reserved)