Examlex
The inheritance of leaf pigmentation in the four-o'clock plant Mirabilis jalapa is an example of .
Legal Capacity
Refers to the ability of an individual or entity to enter into legally binding contracts, recognizing their rights and responsibilities.
Testamentary Trust
A trust that is created by a will and comes into effect upon the death of the person who created the will, distributing assets according to the will's provisions.
Inter Vivos Trust
A trust created during the lifetime of the grantor, allowing for the management and distribution of assets before death.
Spendthrift Trust
A legal arrangement that restricts the beneficiary's ability to access the trust capital directly, thus protecting the trust assets from creditors.
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