Wills, Trusts, and Estates, Volume 1 |
From inside the book
Results 1-3 of 69
Page 491
... distributions of income and principal against the entire trust estate and not against the share of the child to whom or for whom the distribution was made . The trustee , in the trustee's reasonable discretion , may from time to time ...
... distributions of income and principal against the entire trust estate and not against the share of the child to whom or for whom the distribution was made . The trustee , in the trustee's reasonable discretion , may from time to time ...
Page 676
... distribution . The use of the terms " shall be maintained " and " shall not be sold " is a strong indication of Philomena's intent that the property was to be retained and managed by some person for some considerable time in the future ...
... distribution . The use of the terms " shall be maintained " and " shall not be sold " is a strong indication of Philomena's intent that the property was to be retained and managed by some person for some considerable time in the future ...
Page 679
... distributed per stirpes . ' 28 What does a per stirpes distribution mean ? In England the intestacy statute provided a straight per stirpes distribution , dividing the dece- dent's property into as many shares as there were living ...
... distributed per stirpes . ' 28 What does a per stirpes distribution mean ? In England the intestacy statute provided a straight per stirpes distribution , dividing the dece- dent's property into as many shares as there were living ...
Contents
Societys Control | 1 |
Union National Bank | 20 |
Notes and Questions | 27 |
Copyright | |
47 other sections not shown
Common terms and phrases
A's children A's death adopted appeal apply attorney Bank beneficiary benefit bequeathed bequest Blackacre charitable child claim clause codicil common law community property constructive trust corpus court held created creditors cy pres daughter deceased decedent decedent's defendant determine devise disposition distribution doctrine donor elective share entitled estate tax evidence executed executor exercise fee simple fiduciary funds future interest gift tax grandchildren gross estate heirs husband income infra inheritance inter vivos trust intestacy investment issue joint tenancy lawyer living marriage Note plaintiff power of appointment predeceased principal problem purpose question reason residuary Restatement Second revocable trust revoke Rule against Perpetuities settlor special power spendthrift trust statute supra surviving spouse tenant termination testamentary testator's death testatrix transfer trial court trust assets trust instrument trust property Trusts Law Uniform Probate Code valid vested wife witnesses