CC 1595 - Accretion to universal legatee - Louisiana Statutes

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Art. 1595. Accretion to universal legatee

All legacies that lapse, and are not disposed of under the preceding Articles, accrete ratably to the universal legatees.

When a general legacy is phrased as a residue or balance of the estate without specifying that the residue or balance is the remaining fraction or a certain portion of the estate after the other general legacies, even though that is its effect, it shall be treated as a universal legacy for purposes of accretion under this Article.

Acts 1997, No. 1421, §1, eff. July 1, 1999.

State Codes and Statutes

Statutes > Louisiana > Cc > Cc1595

Art. 1595. Accretion to universal legatee

All legacies that lapse, and are not disposed of under the preceding Articles, accrete ratably to the universal legatees.

When a general legacy is phrased as a residue or balance of the estate without specifying that the residue or balance is the remaining fraction or a certain portion of the estate after the other general legacies, even though that is its effect, it shall be treated as a universal legacy for purposes of accretion under this Article.

Acts 1997, No. 1421, §1, eff. July 1, 1999.

State Codes and Statutes

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State Codes and Statutes

Statutes > Louisiana > Cc > Cc1595

Art. 1595. Accretion to universal legatee

All legacies that lapse, and are not disposed of under the preceding Articles, accrete ratably to the universal legatees.

When a general legacy is phrased as a residue or balance of the estate without specifying that the residue or balance is the remaining fraction or a certain portion of the estate after the other general legacies, even though that is its effect, it shall be treated as a universal legacy for purposes of accretion under this Article.

Acts 1997, No. 1421, §1, eff. July 1, 1999.