Examlex
Charles Parnell, the leader of the Irish representatives in Parliament, called for which of the following?
Inter Vivos Gift
A gift given by one living person to another, which becomes the property of the recipient immediately and unconditionally.
Trust Creation
The process of setting up a trust, wherein a trustee holds property or assets for the benefit of a third party, known as the beneficiary.
Consideration
The payment or promise of something of value given by one party to another in exchange for an act or promise that forms the basis of a contract.
Spendthrift Trust
A trust designed to prevent beneficiaries from squandering their inheritance by controlling the distribution of assets.
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