Examlex
In the AEIOU model,what does I stand for?
Uniform Simultaneous Death Act
A legal statute used to determine inheritance when two or more people die at the same time or under circumstances where the order of death is unclear.
Simultaneous Deaths
A legal concept usually applied in inheritance law, where two or more people die at the same time or under circumstances where it's not possible to determine the order of deaths, affecting the distribution of their estates.
Trust Claim
A legal claim asserting that property or assets should be held and managed by one party for the benefit of another.
Trustee
An individual or entity given control or powers of administration of property in trust with a legal obligation to manage that property solely for the benefit of the party who has designated the trust.
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