Examlex
Biological conversion of biomass utilizes chemicals to break down organic matter into simpler constituents.
Resulting Trust
A trust that arises by implication of law when property is transferred under circumstances suggesting that the transferee was not intended to have the beneficial interest.
Totten Trust
A type of revocable trust created by depositing funds into a bank account with a designated beneficiary, often used for avoiding probate upon the depositor's death.
Spendthrift Trust
A trust designed to prevent the beneficiary's creditors from accessing the trust funds, providing financial protection for the beneficiary.
Totten Trust
A Totten Trust is a type of informal trust account created by depositing funds into a bank account with a beneficiary designated to receive the balance upon the depositor's death.
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