Useful english dictionary. 2012.
spendthrift clause — A provision in a trust that restricts a beneficiary s ability to transfer rights to future payments of income or capital under the trust to a third party. In effect, the clause prevents spendthrift beneficiaries from squandering an inheritance… … Law dictionary
clause — / klȯz/ n: a distinct section of a writing; specif: a distinct article, stipulation, or proviso in a formal document a no strike clause in the collective bargaining agreement claus·al / klȯ zəl/ adj Merriam Webster’s Dictionary of Law. Merriam… … Law dictionary
Spendthrift trust — A spendthrift trust is a trust that is created for the benefit of a person (often because he or she is unable to control spending) that gives an independent trustee full authority to make decisions as to how the trust funds may be spent for the… … Wikipedia
Anti-alienation clause — An Anti alienation clause is a provision in the governing document for an arrangement such as a trust that specifies that the beneficial or equitable owner of the property held in that arrangement cannot transfer his or her interest to a third… … Wikipedia
No-contest clause — Wills, trusts and estates … Wikipedia
List of law topics (S-Z) — NOTOC Law [From Old English lagu something laid down or fixed ; legal comes from Latin legalis , from lex law , statute ( [http://www.etymonline.com/index.php?search=law searchmode=none Law] , Online Etymology Dictionary; [http://www.m… … Wikipedia
living trust — see trust Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. living trust … Law dictionary
Bankruptcy in the United States — The United States Constitution (Article 1, Section 8, Clause 4) authorizes Congress to enact uniform Laws on the subject of Bankruptcies throughout the United States. Congress has exercised this authority several times since 1801, most recently… … Wikipedia
Foreign trust — commonly refers to a trust that is governed by the laws of a jurisdiction other than the United States. These trusts may be used for investment, estate planning and succession planning purposes, but are most commonly used for asset… … Wikipedia
Will contest — Wills, trusts and estates … Wikipedia
