presently ascertainable
Defined in 1 dictionary — Case Law
Definitions from Case Law
From 335 U.S. 595 - Henslee v. Union Planters National Bank & Trust Co. · 1949Most cited · 853 citing opinions
Rough guesses, approximations, or even the relatively accurate valuations on which the market place might be willing to act are not sufficient. The test of present ascertainability of the ultimate charitable interest is applied 'at the death of the testator.