Revocable Trust - Law Dictionary Search Results
revocable trust
Matched in: Term revocable trust
trust
Matched in: Term trust
power
reserved in an instrument (as one creating a trust) to make changes by a specified method power of revocation : a power usually reserved by a person in an instrument (as one creating a trust) to revoke
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Agency, Deed of
Agency, Deed of, a revocable and voluntary trust for payment of debts, Consult Lewin on Trusts.
Revocation of agency
consideration, or is a part of a security, unless there is an express stipulation that it shall be revocable. (3) When an agent's act in pursuance of his authority has become obligatory, for nemo potest mutare consilium … party is placed under guardianship. (2) Bankruptcy, excepting as to such rights as do not pass to the trustee under the adjudication. (3) Death, unless the authority is coupled with an interest in the thing vested in
Charitable uses and trusts
enrolled in the court of Chancery within six calendar months after execution, and be without any power of revocation for the benefit of the donor. The (English) Settled Land Act, 1925, s. 29(4), however, provides that assurances … Charitable uses and trusts. 9 Geo. 2, c. 26, commonly called 'The Mortmain Act,' 1735, after reciting that ifts or alienations of
Donatio mortis causa
78 Sol Jo 135]. This kind of gift resembles a legacy, inasmuch as it is ambulatory, incomplete, and revocable during the donor's life; is liable to his debts upon a deficiency of assets; may be made to … the instrument which represents it, must be made to the donee, either for his own use, or upon trust for another person, or for a particular purpose. The gift of a cheque upon the donor's banker is
will
will : a will that was executed by a person prior to that person's marriage and is usually revocable by the court if no provision was made for the person's spouse unless an intention not to make … : a will that provides for a transfer of assets (as the residue of the estate) to a trust (as an inter vivos trust) upon the death of the testator reciprocal will : mutual will in this
Possibility on a possibility
soon as it is posted, Household Fire Insurance Co. v. Grant, (1879) 4 Ex D 216, but a revocation of an offer is of no effect until brought to the mind of the person to whom the … really intelligible, Whitby v. Mitchell, (1890) 44 Ch D p. 92, per Lindley, LJ, and never applied to trusts of personal estate [Re Bowles, (1902) 2 Ch 650]. It gave rise, however, to the rule, now well
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