Although an annuity1 is personal property2, an annuity could before 1926 be given in such a way that it would devolve on death in the same way as real property3. Thus, a gift of an annuity to a person 'and his heirs' conferred on him an estate in fee simple which, unless he alienated it, descended to his heirs in the same way as real property, and not to his next of kin as personal property4. As descent to the heir has, in general, been abolished and the same rules govern the succession to real estate as to personal
**Trials are provided to all LexisPSL and LexisLibrary content, excluding Practice Compliance, Practice Management and Risk and Compliance, subscription packages are tailored to your specific needs. To discuss trialling these LexisPSL services please email customer service via our online form. Free trials are only available to individuals based in the UK. We may terminate this trial at any time or decide not to give a trial, for any reason. Trial includes one question to LexisAsk during the length of the trial.
To view the latest version of this document and millions of others like it, sign-in to LexisLibrary or register for a free trial.
EXISTING USER? SIGN IN
TAKE A FREE TRIAL
0330 161 1234