A fund is bequeathed to A for life, and after A's death to B. When does B's legacy become vested in…
Illustration (iii) to section 119 holds that "On the testator's death the legacy to B becomes vested in interest in B." The Explanation to section 119 says vesting is not…
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A fund is bequeathed to A for life, and after A's death to B. When does B's legacy become vested in interest?
Answer and explanation
Correct answer B
Illustration (iii) to section 119 holds that "On the testator's death the legacy to B becomes vested in interest in B." The Explanation to section 119 says vesting is not delayed merely because "a prior interest therein is bequeathed to some other person". A's life interest postpones only B's possession.