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Simple English definitions for legal terms

alternate legacy

Read a random definition: affirmative statute

A quick definition of alternate legacy:

Alternate Legacy: A type of gift that a person can leave in their will. It allows the person receiving the gift to choose between two or more items. For example, if someone leaves an alternate legacy of a car or a boat, the person receiving the gift can choose which one they want.

A more thorough explanation:

An alternate legacy is a type of legacy in which the testator allows the legatee to choose one of two or more items. It is a gift by will, especially of personal property and often of money.

  • A testator leaves a will that gives his son the option to choose between a car or a house as his inheritance.
  • A testator leaves a will that gives his daughter the option to choose between a sum of money or a piece of jewelry as her inheritance.

These examples illustrate how an alternate legacy allows the legatee to choose between two or more items as their inheritance. The testator gives the legatee the power to choose what they want to inherit, which can be beneficial if the legatee has a preference or if the items have different values.

alternate | alternate valuation date

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KnowledgeableRitzyWasp
22:35
i might order some gochujang sauce on amazon and cook some air fried chicken breast filets, they’re really good
KnowledgeableRitzyWasp
22:35
just letting you guys know :)
Mohammed
0:14
Where I can find the definition of the false-endowment?
jb2028
11:14
@Mohammed: False-endowment?
reelamsyar
12:05
guys, im making a public speaking with the topic of personal choice in nuisance. Can you give me what to talk about
babybunny
12:47
what does this mean? you get to pick a topic but it has to be about nuisances?
TruthTheX
13:16
Yeah I also don’t know what this means ngl
Obtainingdreams
14:58
Do you think you can use being on the Harvard Wl to ask for more money? Like say you'll withdraw if they give you more?
jb2028
16:14
@Obtainingdreams: Unlikely
jb2028
16:19
If 1 in 10 Harvard waitlistees in their class of 2027 get into HLS (average A % off the HLS waitlist), the school is better served by offering that student more $ than offering the other 9 in 10 more $ than they have to and the one that gets into HLS less than they need to
NaughtyTeenyWeenyPebble
16:32
what do you guys think about the HLS WL? DO you think they're gonna give out a decent amount of A's still?
cclaw
17:15
no
[] ararara
17:38
Thanks JB 🦸‍♀️! For everybody out there stressing law school decisions, hang in there!
HurriedNippyPirate
18:42
What do people think about ND
jb2028
18:42
@NaughtyTeenyWeenyPebble: Looking at last cycle's stats, 16 people logged the date of their HLS waitlist offer and 6 of those were made by 5/19 (the other 10 came later). It's a small sample, and every cycle is different, but it's entirely possible more WL offers are coming
babybunny
18:52
ban me again, for old times’ sake? 😘
NaughtyTeenyWeenyPebble
20:01
I deposited at Columbia but I just want to know if I should start looking for apartments or if I'm going to get an offer from harvard. so stressful
KnowledgeableRitzyWasp
20:02
you kind of have to be ready to drop everything for harvard while going forward with apartments for columbia
Aranet123
20:50
Is it worth writing a second LOCI for HLS?
KnowledgeableRitzyWasp
21:06
you want to write an loci about once a month
[] abbas24
22:33
best tips for studying for Lsat and Applications going into senior year? feel like im so behind but know thats just my mind
[] abbas24
22:34
also tips while having a lower than outstanding gpa? My records show great progression though
jb2028
22:47
1. Spend the time on the LSAT early, if you can hit your target score this summer it will free up lots of time for essays etc. later when things are busy
jb2028
22:50
2. Depending on the schools you're looking at, being at/above LSAT median can be enough. The higher you can get your GPA, the better, but half the class is going to be at/below each median - that's how medians work
jb2028
22:52
If you're above a median (particularly LSAT median) and the other stat isn't way below, numbers alone won't keep you out. Past that point, softs/essays/recs are what gets you in.
jb2028
22:54
YMMV, it will matter what "lower than outstanding" means (3.7? 3.3?)
jb2028
22:59
And what schools you're thinking of
BankruptcyAndRestructuringLawIsCool
2:20
Can't start a fire. You can't start a fire without a spark. This gun's for hire. Even we're just dancing in the dark. You sit around getting older. There's a joke. It's wild and it's on me. I shake this world off my shoulders. Come on, baby, the laugh's on me.
NakedBrothersBandCrazyCar
7:45
knicks and nuggets lost rest in piss god is good
NakedBrothersBandCrazyCar
8:10
law school transparency dark mode 😍😍😍😍 just the feature i was waiting for
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