2024 Legal meaning of share and share alike

Legal meaning of share and share alike

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August undefined, 2024

Nettet19. okt. 2024 · As for the phrase “share and share alike,” I think the lesson is: don’t use it. I’ve seen it many times but have never understood why it would be used when there … Nettet9. feb. 2024 · Black’s Law Dictionary. Traditional per stirpes means that the children of a deceased parent divide up their parent’s share. In the above example, the living child …

Shared and share alike legal definition of shared and share alike

Nettet1) a portion of a benefit from a trust, estate, claim or business usually in equal division (or a specifically stated fraction) with others ("to my three daughters, in equal shares"). 2) a … Nettet7. mai 2016 · On appeal, the appellate panel affirmed the probate court’s conclusion that the phrase in the will, “to share and share alike in equal shares or to the survivor or survivors of them ” (emphasis added) established a class gift so that Albert’s widow and surviving sister were entitled to Virginia’s share of the estate. make my own travel map

Sharing legal definition of sharing - TheFreeDictionary.com

Nettet5. 165 La. 803, 808, 116 So. 192, 194. "It is said that the meaning and ef-fect of the expression 'share and share alike' is the same as if the testatrix had given, in terms, to each one of the five legatees named, separately, one-fifth of the residue of her estate. Our opinion, to the contrary, Is that the NettetRe: What exactly does ''Share and share alike'' mean? "Share and share alike" means you are equal co-owners, or one-third each. As such, you have equal ownership and equal liability for debts, although most creditors have the right to … NettetDefinition: Share and Share Alike. “Share and share alike” is a designation applied to a gift in a will to be shared by a group of two or more beneficiaries. The designation … make my own ultrasound

Shares and share alike legal definition of shares and share alike

Nettet4. mai 2024 · Your “share” and my “share” are “alike”. “Share and share alike” is an expression that most often makes an appearance in a person’s will stipulating that, upon death, their children will share and share alike the … Nettetshare a FINANCIAL SECURITY issued by a JOINT-STOCK COMPANY as a means of raising long-term capital. Purchasers of shares pay money into the company's bank account and in return receive a SHARE CERTIFICATE signifying their ownership of the shares and have their ownership recorded in the company's SHARE REGISTER.The … make my own t shirt for freeNettetA way to make this more clear is to substitute for per stirpes: "…to her children, by right of representation, share and share alike," which is clear to the non-lawyer. If there is no provision for distribution to children of a predeceased child, then the gift will become part of the residue (what is left after specific gifts), and then the grandchildren may not share if … make my own valentine card for free

"NettetShare and Share Alike. Previous Page. Share and Share Alike : Phrases Meaning: Give equal shares to all. Example: Origin: The expression was first known as 'share and share like', as in this example from Richard Edwards's comedy Damon and Pithias, 1566: "Let vs into the Courte to parte the spoyle, share and share like." Daniel De Foe, appears to … " - Legal meaning of share and share alike

Legal meaning of share and share alike

Per Capita at Each Generation - Washington Wills

Nettetshare and share alike translate: 平均分享. Learn more in the Cambridge English-Chinese simplified Dictionary. Nettetn. 1) a portion of a benefit from a trust, estate, claim or business usually in equal division (or a specifically stated fraction) with others ("to my three daughters, in equal shares"). 2) a portion of ownership interest in a corporation, represented by a stock certificate stating the number of shares of an issue of the corporation's stock.

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NettetWhen the person making a will wants two or more persons to have equal shares in an asset or in the entire estate, she can use the term "share and share alike." For … Nettet14. des. 2024 · Noun [ edit] share and share alike ( uncountable ) ( idiomatic) For members of a group, equal portions of or equal access to tangible or intangible goods, entitlements, or obligations —i.e., each person's share like each of the other shares. Often used in a context of reciprocity, or pooling resources. 1697, Daniel Defoe, "Of …

NettetThe general rule is that assets which no longer exist or which a person no longer owns at the date of their death cannot therefore pass to a beneficiary and therefore the beneficiary loses out. If you have not reviewed your Will in some … NettetDefinition: To divide assets in equal shares or proportions, often referring to the equal division of a benefit from an estate, trust, or gift, which includes the right of the survivors to divide the portion of any beneficiary who dies before receiving the gift. School User Define Briefs. Profile. Results. Rankings. Tools . Research ...

Nettet18K views, 30 likes, 29 loves, 111 comments, 58 shares, Facebook Watch Videos from Louisville MetroTV: City Officials will provide updates on the... NettetFrom Longman Dictionary of Contemporary English share and share alike spoken used to say that you should share things fairly and equally between everyone → share Examples from the Corpus share and share alike • The entire estate was bequeathed to the four children, share and share alike.

NettetAppellants argue that the language of the will "they (grandchildren) shall share and share alike of the share falling to their parent" means that the gift to the grandchildren and their parents is an original gift to the former subject to the condition that they take only if the parents were living at the time of the death of the testatrix and received a part of her …

Nettetshare. n. 1) a portion of a benefit from a trust, estate, claim or business usually in equal division (or a specifically stated fraction) with others ("to my three daughters, in equal shares"). 2) a portion of ownership interest in a corporation, represented by a stock certificate stating the number of shares of an issue of the corporation's stock. make my own t-shirtsNettet12) True to the IWW concept of share and share alike, this book is distributed under a Creative Commons Attribution-NonCommercial-ShareAlike 3.0 license. 13) Most orchid growers are relaxed folks who tend to agree that a general philosophy of live and let live, share and share alike , is a nice way to move through life. make my own underwearNettetadj. referring to the equal division of a benefit from an estate, trust or gift, which includes the right of the survivors to divide the portion of any beneficiary who dies before … make my own video free make my own vinyl recordNettetAdding to what cindi said, The American Heritage Dictionary of Idioms provides some background:. share and share alike. Mete out or partake of something equally, as in … make my own vinyl recordsNettet13. mar. 2024 · It’s often used in a legal context, such as in a will, to indicate that each individual should receive the same amount. Examples: “Share and share alike” in a sentence You can’t keep all the money, Peter; share and share alike. Paula is a very fair person. Her philosophy is “share and share alike.” Other interesting language articles make my own utensilsNettetshare. n. 1) a portion of a benefit from a trust, estate, claim or business usually in equal division (or a specifically stated fraction) with others ("to my three daughters, in equal … make my own vape at home