WebThe defeasance clause becomes operative in case either of them should die before the termination of the trust but the only gift over is to the survivor of the one first dying. ... Construing this divesting clause strictly it becomes inoperative after the death of the first remainderman during the continuation of the trust. WebThe clauses relating to the death of his widow were inserted as necessary to demark the life-estate in her. The fact that if the widow remarried most of the income went to the children when they arrived at the specified ages indicates that he did not intend for the vesting of the remainder interest to depend on the widow's death.

Transfers: clauses for TR1 (commercial freehold or leasehold …

Web5.3.9 The divesting clause This is the clause that declares the previous registered owner divested of his/her ownership. It is not necessary again to indicate the full marital … WebNov 30, 2016 · At Democrats’ request, the Congressional Research Service recently put out three pages of guidance on what rules “might technically” apply to the president. Among them is the emoluments ... bradley\\u0027s practice mold phone number

Divest Sample Clauses Law Insider

WebIn this case, in which the circuit court of appeals construed a will as giving testator's son a life interest only, with remainder that he could not affect, and the state court construed it … WebJan 15, 2024 · Divesting is the act of a company selling off an asset. While divesting may refer to the sale of any asset, it is most commonly used in the context of selling a non … Webthe words "then to b" give b a vested remainder; the clause following is a divesting clause, giving the property to c if b dies before a alternative contingent remainder o conveys to a for life then to b if b survives a, but if b does not survive a, to c. -----b and c have alternative contingent remainders. habitat pendant lights