Warning
Info
Warning
Info
Simple English definitions for legal terms
void legacy
Read a random definition: investment adviser
A quick definition of void legacy:
Void Legacy: A type of inheritance that is not valid or legally binding. It means that the person who left the inheritance did not follow the proper legal procedures or made a mistake in their will. Therefore, the inheritance cannot be given to the intended recipient.
A more thorough explanation:
A void legacy is a type of legacy that is invalid or has no legal effect. It is a gift that cannot be given or received because of some legal reason. This means that the person who was supposed to receive the gift will not get it.
For example, if a person leaves a gift to someone who is already deceased, that gift is considered a void legacy. Another example is if a person leaves a gift that is against the law, such as leaving a gift to a criminal organization. In both cases, the gift is considered void and cannot be given.
These examples illustrate how a void legacy is a gift that cannot be legally given or received. It is important to make sure that any gifts or legacies in a will are valid and legal to avoid any issues in the future.