Examlex
What is the explained variation?
Trust
A fiduciary relationship in which one party, known as a trustee, holds the right to manage property or assets for the benefit of another party, the beneficiary.
Testamentary Capacity
The legal and mental ability of a person to make or alter a valid will.
Oral Declaration
A statement or assertion made verbally rather than in writing, often legally significant if witnessed.
Uniform Premarital Agreement Act
A set of laws adopted by some states that provides a consistent legal framework for the content and enforcement of prenuptial agreements.
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