Examlex
Global teams have all the same characteristics EXCEPT:
Express Trust
A fiduciary relationship deliberately created by the trustor through direct declaration, specifying how trust assets are to be held and managed by a trustee.
Per Capita
A method of distributing an intestate’s estate so that each heir in a certain class (such as grandchildren) receives an equal share.
Probate Judge
A Probate Judge oversees legal processes involving the distribution of a deceased person's estate, including the validation of wills and resolving contests and claims against the estate.
Intestacy Statutes
Laws that determine how a person's property will be distributed if they die without a will.
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