Define: Contingency With A Double Aspect

Contingency With A Double Aspect
Contingency With A Double Aspect
Quick Summary of Contingency With A Double Aspect

A contingency with a double aspect occurs when there are two potential recipients of a property after the death of someone else. For instance, if an individual bequeaths their property to their friend for their lifetime, and then to the friend’s children, but if the friend has no children, the property will be passed on to another person. This is known as a contingent remainder with a double aspect, signifying that the property’s recipient is contingent upon certain circumstances.

Full Definition Of Contingency With A Double Aspect

A contingency with a double aspect refers to a type of remainder where there is both a contingent remainder and a second remainder. The second remainder only comes into effect if the first one fails. For instance, if A has children, they will inherit the property after A’s death. However, if A dies without children, then B will inherit the property. This example demonstrates a contingency with a double aspect as there are two possible outcomes depending on whether A has children or not. Other types of remainders include:

1. Vested Remainder: This type of remainder is given to a specific person and is not subject to any conditions. For example, “to A for life, and then to B.”

2. Contingent Remainder: This type of remainder is either given to an unspecified person or is subject to a condition. For example, “to A for life, and then, if B has married before A dies, to B.”

3. Defeasible Remainder: This type of remainder is a vested remainder that can be terminated if a subsequent condition occurs. For example, “to A for life, and then to B, but if B ever sells liquor on the land, then to C.”

4. Charitable Remainder: This type of remainder, usually from a life estate, is given to a charity. For example, “to Jane for life, and then to the American Red Cross.”

These examples illustrate the various types of remainders that can exist in property law. Each type has its own set of rules and conditions that must be fulfiled for the remainder to take effect.

Contingency With A Double Aspect FAQ'S

Contingency with a double aspect refers to a legal concept where a single event or action has two separate legal consequences or outcomes.

An example of contingency with a double aspect is a car accident where the driver at fault may face criminal charges for reckless driving and also be held liable for damages in a civil lawsuit.

Contingency with a double aspect can complicate legal proceedings as it requires addressing multiple legal consequences stemming from a single event or action.

No, the consequences of contingency with a double aspect can vary depending on the specific circumstances and applicable laws in each jurisdiction.

To determine if a situation involves contingency with a double aspect, it is best to consult with a legal professional who can analyze the specific facts and applicable laws.

Contingency with a double aspect does not necessarily result in double punishment. Each aspect of the contingency is typically addressed separately, ensuring that the appropriate legal consequences are applied.

Contingency with a double aspect can sometimes be used as a defence strategy, as it allows for separate consideration of each legal consequence. However, its effectiveness will depend on the specific circumstances and applicable laws.

Contingency with a double aspect is subject to the limitations imposed by the legal system, such as statutes of limitations, jurisdictional boundaries, and procedural rules.

Yes, contingency with a double aspect can be resolved through settlement or negotiation, where the parties involved agree on the terms and consequences of each aspect separately.

Contingency with a double aspect is not uncommon in legal cases, especially in situations where an event or action has both criminal and civil implications. However, its frequency will vary depending on the nature of the legal issues involved.

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Disclaimer

This site contains general legal information but does not constitute professional legal advice for your particular situation. Persuing this glossary does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.

This glossary post was last updated: 17th April 2024.

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