Advancement

Advancement is properly an English law term which is applied to the advancing of money to a minor for some such purpose as setting him up in business. Settlements very often give a power to trustees to do this. In the case of intestate succession, such advances are always reckoned in distributing the estate equally among the children: in England under the Statute of Distributions, and in Scotland by the common or civil law of collation applied to legitim. But sums paid for alimony, education, or apprenticeship are not considered advances in the sense of this rule.