irrevocable beneficiary
51Qualified personal residence trust — The following article on personal residence trusts and qualified personal residence trusts is taken from attorney Jacob Stein s treatise on tax planning, with his permission. Residence trusts are used to transfer a grantor’s residence out of the… …
52List of law topics (F-M) — 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… …
53Greece, history of — ▪ Byzantine to modern Introduction history of the area from the Byzantine (Byzantine Empire) period, beginning about AD 300, to the present. For earlier periods, see Aegean civilizations; ancient Greek civilization; and Hellenistic Age.… …
54living trust — see trust Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. living trust …
55Posting rule — The posting rule (or mailbox rule in the U.S., or postal rule or deposited acceptance rule ) is an exception to the general rule of contract law in common law countries that acceptance takes place when communicated. The posting rule states, by… …
56Charitable Remainder Trust — A tax exempt irrevocable trust designed to reduce the taxable income of individuals by first dispersing income to the beneficiaries of the trust for a specified period of time and then donating the remainder of the trust to the designated charity …
57Special Needs Trust — A legal arrangement and fiduciary relationship that allows a physically or mentally disabled or chronically ill person to receive income without reducing their eligibility for the public assistance disability benefits provided by Social Security …
58jus quaesitum tertio — the third party has acquired a right . In the law of obligations in systems following the civilian tradition, the law will allow a third party, i.e. one who is not a party to the contract between two other parties, to receive a right under it.… …
59bypass trust — An irrevocable trust that is designed to pay trust income (and principal, if needed) to an individual s spouse for the duration of the spouse s lifetime. The bypass trust is not part of the beneficiary spouse s estate and is not subject to… …
