Examlex
Visuals are interchangeable.
Capital Gains
The profit earned from the sale of a non-inventory asset that was purchased at a lower price, often subject to taxes.
Valid Trust
A trust that fulfills all legal requirements, ensuring its enforceability and the legal protection of the assets and beneficiaries involved.
Conveyance
The legal process of transferring property from one owner to another.
Legal Capacity
Refers to the ability of an individual or entity to enter into legally binding contracts, recognizing their rights and responsibilities.
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