Examlex
Provide an example of positive punishment and an example of negative punishment.
Escheat
A legal process where unclaimed or forfeited property reverts to the state if there are no claimants or heirs.
Probate
The legal process of administering the estate of a deceased person, resolving all claims, and distributing the deceased person's property under a will.
Testamentary Trust
A trust that is created according to the instructions in a person’s will to manage assets for beneficiaries after the person's death.
Charitable Trust
A trust created to benefit a particular charity or the public in general, typically for educational, religious, scientific, or other charitable purposes.
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