Examlex
In a convergent design,ethical issues may arise when the researcher
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.
Beneficiary Interest
Refers to the rights or advantages accruing to a beneficiary, generally in the context of trusts or estates.
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