Legal Definitions - share and share alike

Definition: To divide assets in equal shares or proportions, often referring to the equal division of a benefit from an estate, trust, or gift, which includes the right of the survivors to divide the portion of any beneficiary who dies before receiving the gift.

Example: Sarah's grandmother left her estate to her three children, "share and share alike." This means that each child will receive an equal share of the estate, regardless of their individual circumstances or needs.

Explanation: In this example, the phrase "share and share alike" means that the estate will be divided equally among the three children. This ensures that each child receives an equal portion of the inheritance, regardless of their financial situation or relationship with their grandmother.