Examlex
In the mid-nineteenth century Charles Darwin and Alfred Russel Wallace observed many organisms.Based on these observations they arrived to an explanation on how populations change through time.They termed it:
Intervivos Trust
A trust created during the lifetime of the settlor, allowing the settlor to transfer assets before their death for the benefit of designated beneficiaries.
Irrevocable Living Trust
A type of trust where the grantor transfers assets into the trust and relinquishes all rights to revoke or amend the trust, offering benefits for estate planning and asset protection.
Rescind
To revoke, cancel, or annul a contract, agreement, or resolution.
Uniform Simultaneous Death Act
A legal guideline used to determine inheritance when two or more people die at the same time or under conditions where it's impossible to determine who died first.
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