DIVIDE-AND-PAY-OVER RULE

divide-and-pay-over  rule.Wills  &  estates.  The  principle  that  if  the  only  provisions  in  a

testamentary disposition are words ordering that payment be made at some time after the testator’s

death, time will be of the essence and the interest is future and contingent rather than vested and

immediate. [Cases: Wills    630(6). C.J.S. Wills § 1339.] [Blacks Law 8th]