trusts, inheritances & estates
cy pres doctrine
Cy Pres: Charitable Trusts
If it becomes unlawful, impossible or impracticable to carry out the purpose of the designated charitable trust or becomes wasteful to apply all the property to the designated purpose, the trust will not fail but instead the court will direct the...
Deadhand Control
The attempt to control property after your death. For policy reasons, dead hand control is limited, specifically by the rule against perpetuities.
Death Beneficiary
A death beneficiary is the person who is conferred a benefit upon the death of another, usually through a will or trust.
Death Benefit
Definition provided by Nolo’s Plain-English Law Dictionary.
Death Taxes
Deceased
Definition provided by Nolo’s Plain-English Law Dictionary.
Declaration of Trust
Also known as a Trust Instrument, this is the device (usually a document) that creates the trust. It names the beneficiary(ies) and trustee(s), and may include the assets to be in the trust as well as issues about trust administration.
Decree of Distribution
Definition provided by Nolo’s Plain-English Law Dictionary.
Deed
A deed is a legal document that grants its holder ownership of a piece of real estate or other assets, such as an automobile. A deed transfers the title of an asset to a new owner, and is usually recorded in the local county clerk’s...