The Law Dictionary

CONTINGENT TRUST

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

A trust that will become operational pending certain conditions being satisfied. … [Read more...]

CONTINGENCY FEE

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

One type of fee arrangement for a lawyer where the lawyer gets paid a percentage of the award that is obtained for the client as a result of wining a case. This is an alternate method of payment to an hourly fee or fixed fee and is most common in personal injury cases. The client pays nothing for representation and a successful lawyer will usually receive between 25% and 40% of … [Read more...]

CONTINGENT USE

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

estates. A use limited in a deed or conveyance of land which may or may not happen to vest, according to the contingency expressed in the limitation of such use. A contingent use is such as by possibility may happen in possession, reversion or remainder. … [Read more...]

CONTINGENT WILL

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

A will that will go into effect pending certain conditions being satisfied. … [Read more...]

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