Succession Act, 1925
Succession Act, 1925 — Section 138: Direction that fund be employed in particular manner following absolute bequest of same to or for benefit of any person
138. Direction that fund be employed in particular manner following absolute bequest of same to or for benefit of any person. Where a fund is bequeathed absolutely to or for the benefit of any person, but the will contains a direction that it shall be applied or enjoyed in a particular manner, the legatee shall be entitled to receive the fund as if the will had contained no such direction. Illustration A sum of money is bequeathed towards purchasing a country residence for A, or to purchase an annuity for A, or to place A in any business. A chooses to receive the legacy in money. He is entitled to do so.
This is the text of the provision as enacted. It is legal information, not legal advice, and it cannot account for the facts of your own matter. For advice on your situation, consult a verified advocate.
