TEXT NOT REPRODUCIBLE IN ASCII]) [Article 15: Prior to payment of the inheritance tax, the estate shall not be divided or paid to heirs or devisees
, and no title to any of the estate property shall be transferred.
185) For a court to give effect to such a memorandum, the memorandum must be expressly referenced in the will, in the handwriting of the testator or signed by the testator, and "describe the items and the devisees
with reasonable certainty.
394, 406 (1897) (The Court noted that the privilege would survive the testator in a claim by a third party, but not between devisees
, where none could rightfully claim a privilege to the exclusion of the others).
Section 1-201(20) defines that an "[i]nterested person includes heirs, devisees
, children, spouses, creditors, beneficiaries and any others having a property right in or claim against a trust estate or the estate of a decedent.
However, the plaintiffs claimed that limiting the class of devisees
who can take prohibits Native American landowners from conveying their land by descent and devise.
BioFuels") to an irrevocable trust for the benefit of the holders of the Series A Debentures and their respective successors, assigns, heirs and devisees
in full and final satisfaction of any obligation the Company might have to the holders of the Series A Debentures, based on the terms and conditions of the debenture agreements.
Carcha, deceased; heirs or devisees
of estate of Ajit S.
Similarly, whatever the technicalities of concept and terminology, the interests the revocable-trust beneficiaries will receive on the death of the settlor should, generally at least, receive the same treatment and should be subject to the same rules of construction as the 'expectancies' of devisees
167 provides that the depreciation deduction is to be apportioned between the estate and its heirs, legatees and devisees
on the basis of estate income allocated to each.
Regarding suits to establish claims of creditors, devisees
, heirs, and others against a decedent's estate, the Fifth Circuit enunciated the proper standard some 25 years ago: The federal court is limited to declaring the validity of the asserted claim.
1953) (stating the principle that "the law respects the following interests in order: (1) Creditors; (2) devisees
and legatees; (3) heirs at law and distributees").
239) The purported settlor creates a revocable trust, declaring herself trustee for herself as beneficiary for life, with remainders to the persons who are in function the devisees
Austrian Roth & Partners, a real estate consultancy which has acted in place of the owner ("In Loco Domini") for offshore investors, is expanding its capability to provide the same services to individuals, families, trustees, devisees
and non-profit organizations.
The act specifically excludes real estate held by a couple as tenants by the entirety but does not include a similar exclusion for personal property, meaning, presumably, that heirs or devisees
of a deceased spouse (other than the surviving spouse) may claim an interest in assets that otherwise appear to be the surviving spouse's alone because they had been owned by husband and wife.
This Settlement Agreement shall be binding upon the heirs, legatees, devisees
, administrators, and personal representatives of the parties hereto and, in the event of the death of either of the parties of this Settlement Agreement while said Settlement Agreement is in force and effect, the estate of said deceased parry shall be obligated and responsible for the performance of the obligations and conditions of this Settlement Agreement.