BENEFICIAL ESTATE
\bˌɛnɪfˈɪʃə͡l ɪstˈe͡ɪt], \bˌɛnɪfˈɪʃəl ɪstˈeɪt], \b_ˌɛ_n_ɪ_f_ˈɪ_ʃ_əl ɪ_s_t_ˈeɪ_t]\
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An estate in expectancy is one where the right to the possession is postponed to a future period, and is "beneficial" where the devisee takes solely for his own use or benefit, and not as the mere holder of the title for the use of another. In re Seaman's Estate, 147 N. Y. 69, 41 N. E 401.
By Henry Campbell Black
Word of the day
Dopamine Acetyltransferase
- An enzyme that catalyzes the of groups from acetyl-CoA to arylamines. They have wide specificity for aromatic amines, particularly serotonin, and can also catalyze acetyl transfer between arylamines without CoA. EC 2.3.1.5.