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Heirloom

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Biography

otherusesIn popular usage, an heirloom is something, perhaps an antique or some kind of jewelry, that has been passed down for generations through family members.

The term originated with the historical principle of an heirloom in English law , a chattel which by immemorial usage was regarded as annexed by inheritance to a estate (law)|family estate . Loom originally meant a tool. Such genuine heirlooms were almost unknown by the beginning of the twentieth century.Anon. (1911) " http://www.1911encyclopedia.org/Heirloom Heirloom", Encyclopaedia Britannica

English legal history


Any owner of a genuine heirloom could dispose of it during his lifetime, but he could not bequest|bequeath it by will (law)|will away from the estate. If he died intestate it went to his heir -at-law, and if he devise d the estate it went to the devisee. The word subsequently acquired a secondary meaning, applied to furniture, pictures, etc. , vested in trust (law)|trust ees to hold on trust for the person for the time being entitled to the possession of a settled land|settled house . Such things were more properly called settled chattels. As of 1 January 1997, no further settled land can be created and the remaining pre-existing settlements have a declining importance in English law. Trusts of Land and Appointment of Trustees Act 1996 , s.2

An heirloom in the strict sense was made by family custom, not by settlement. A settled chattel could be sold under the direction of the court, and the money arising under such sale is Capital (economics)|capital money . Settled Land Act 1882 The court would only sanction such a sale if it could be shown that it was to the benefit of all parties concerned and if the article proposed to be sold was of unique or historical character. The court had regard to the intention of the settlor and the wishes of the remainder man|remainder men . Re Hope , Dr Cello v. Hope 1899 2 Ch. 679

See also


wiktionary|heirloom
  • Souvenir|Keepsake


  • References


    reflist
    1911Family
    Category:Personal property law
    Category:Legal history of England
    Category:Antiques

    Copyright Citations

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