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Simple English definitions for legal terms

power of revocation

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A quick definition of power of revocation:

Power of revocation refers to the ability to cancel or change a legal relationship that has been created. It is a type of authority that allows a person or organization to alter their rights, duties, liabilities, or other legal relations. This power can be reserved in an instrument such as a trust, and allows the person who holds it to revoke the legal relationship they have created.

A more thorough explanation:

The power of revocation refers to the legal right or authorization to alter, by an act of will, the rights, duties, liabilities, or other legal relations either of that person or of another. It is a power that a person reserves in an instrument (such as a trust) to revoke the legal relationship that the person has created.

For example, if a person creates a trust and reserves the power of revocation, they have the ability to change or cancel the trust at any time. This power is important because it allows the person to make changes to the trust if their circumstances or wishes change.

Another example of the power of revocation is a power of attorney. If a person grants someone else the power to act on their behalf, they may also reserve the power to revoke that authority if they no longer want that person to act on their behalf.

In summary, the power of revocation is the legal right to change or cancel a legal relationship that a person has created. It is an important power that allows people to make changes to their legal arrangements if their circumstances or wishes change.

power of alienation | power of sale

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15:06
Virginians are probably the most protective in group of any state
15:06
It’s bizarre! How are you a top law school acting like this
15:06
My great grandma always said she was a virginian first and an american second
15:07
I actually think that’s kinda cute
15:07
Life hack probably is establish residency in Virginia, Michigan, or California before applying to law school
Technically Virginia was Virginia first and then became American, so her thought process has logic
15:08
I mean she also probably would have owned slaves if they were still allowed so idk how cute she was
15:09
Or Texas if you not all that attached to the t14
15:09
She was a very stereotypical rich mid atlantic white woman
i hate talking about grandmas it makes me miss mine
15:10
Transatlantic
15:11
If you had to pick Virginia, Michigan, California, or Texas to get in state residency quota law school perks which one are u picking?
California. has to have the largest residency tuition differential and the most options
another every other week of me missing the BC wave
15:13
Residency tuition differential is a good point
15:13
michigan cus i like north m cold n snow
15:13
Michigan is like 3k difference
15:13
Iirc
15:14
idk anything about any of this shit
15:14
I would chose Cali but I am VA
15:15
i applied to schools based on geography and ranking
15:15
Have fun at UVA lil bro
15:16
Its on my list but not my top choice, my great uncle went there for law tho
15:17
What’s ur top choice
15:17
Berkeley or Harvard
15:17
cooley
15:17
They have the best tech law programs
15:17
I met a girl at Berkeley asd who went to Harvard undergrad and said she wanted to go to Berkeley bc she was tired of competition
15:19
Yeah Berk is def more chill
15:19
And sunny
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