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Where should a vehicle's thrust line be positioned?
Testamentary Capacity
The legal and mental ability of a person to make or alter a valid will, often requiring understanding of the nature of the will, one's assets, and the identity of beneficiaries.
Orderly Plan of Disposition
An orderly plan of disposition refers to a strategically organized method for selling off a business's assets, often used in liquidation scenarios.
Express Trusts
Express Trusts are trusts created intentionally by the settlor, typically through a written document, specifying how assets placed into the trust should be managed and distributed.
Inter Vivos Trust
A trust created during the lifetime of the grantor, allowing the grantor to transfer assets before death for the benefit of future beneficiaries.
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