Advancement
A New Law Dictionary and Glossary · Alexander M. Burrill · 1850
A New Law Dictionary and Glossary
[L. Lat. advanceamentum.] A payment or appropriation of money, or a settlement of real estate made by a parent to, or for a child, in advance, or anticipation of the distributive share to which such child would be entitled after his death, and with a view to a portion or settlement in life.
2 Bl. Com. 517. Lovelass on Wills, 140. et seq. 2 N. Y. Rev. St. [97,] 37, §§ 76 — 78.
A giving by anticipation the whole, or a part of what it is supposed a child will be entitled to, on the death of the party making the advancement.
Parker, C. J., 17 Mass. R. 356, 358.
The maintenance or education, or giving of money to a child, without a view to a portion or settlement in life, is not an advancement.
2 N. Y. Rev. St. [98,] 37, § 78. Lovelass on Wills, 140, 220. 4 Kent's Com. 418.
United States Digest, Advancement.