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Simple English definitions for legal terms

Precatory Trust

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A quick definition of Precatory Trust:

A precatory trust is a type of trust that is created with language that expresses a future wish or intent, but the court still finds legally enforceable duties. Normally, a trust must have language that expresses a present intent to create legally enforceable duties on the trustee. However, in some cases, the court will still find intent to create legally enforceable duties in a trust that uses precatory language by looking at the relationship between the parties. This means that the trust will not fail for lack of trust intent.

A more thorough explanation:

A precatory trust is a type of trust that is created with language that expresses a future intent or a wish, but in which the court still finds legally enforceable duties. Normally, a trust must have language that expresses a present intent to create legally enforceable duties on the trustee in order to be valid. However, in some cases, the court will still find intent to create legally enforceable duties in a trust that uses precatory language.

For example, if a father creates a trust for his son and uses language like "I hope my son will use this money for his education," the court may still find that the father intended to create legally enforceable duties on the trustee (in this case, the son) to use the money for education. This is because of the familial relationship between the father and son, which suggests that the father intended for the trust to be more than just a suggestion or wish.

Another example of a precatory trust might be a trust created by a wealthy philanthropist who wants to leave money to a charity, but uses language like "I hope the charity will use this money to help the homeless." Again, the court may find that the philanthropist intended to create legally enforceable duties on the charity to use the money for the specified purpose.

In both of these examples, the court is looking beyond the specific language used in the trust to determine the intent of the person who created it. If the court finds that there was a clear intent to create legally enforceable duties, then the trust will be valid and enforceable.

precatory | precedent

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NosyBeagle
16:57
the lsat flex was cool
the lsat flex.......haven't heard that name in years.....
16:59
Honestly it wouldnt be as bad if you could move on if you finished early. It was annoying to have to wait for all 35 minutes to run out and sit for the mandatory break
NosyBeagle
17:00
you finish early????
🚬
NosyBeagle
17:00
GOODBYE
17:00
If they could let you skip early it would be a mess. People would be saying they accidentally clicked the finish button
i took my lsat remote and my proctor disappeared during my 10 minute break for like fucking 20 minutes it was so funny
17:02
@esoterica: just make you have to say finished like 3 times, shouldnt be too hard to do
NosyBeagle
17:03
i couldn't get my lsat writing to work and the guy was like hol up and remote controlled everything for me and i was like thank uuu and then created a new writing section and now i gotta do it again
NosyBeagle
17:03
hate it here
NosyBeagle
17:04
☝️🤓 exwcuse mwr. pwroctor iw fwinished
lsac be like: give us $300 and our test MIGHT work ❤️
the remote testing room check is also so funny
because why am i down on the fucking ground showing the underside of my desk i'm crying
NosyBeagle
17:06
testing center 100
NosyBeagle
17:07
idk how tf do u cheat on this test
NosyBeagle
17:07
none of the answer are online and can't copy paste
the only way would be like somehow seeing the test beforehand (which people have attempted to do)
when they ask me to remove my hat and i reveal the rat helping me cheat on the test (ratatouille 2)
ParallelAgreeableOrangutan
17:12
yeah all I can think of is getting tips/answers from someone who took the test earlier in the weekend than you
ParallelAgreeableOrangutan
17:12
and... ig taping that info to the underside of your desk lol
i couldn't even tell u one question from the lsat i took like genuinely the only thing i vaguely remember is something about legally blonde being mentioned
ParallelAgreeableOrangutan
17:15
I remembered bits and pieces but if you look at reddit after the last day of a testing administration there is a ton of info. I guess some people out there have crazy good memories idk
ParallelAgreeableOrangutan
17:15
I would go see ratatouille 2
disney get on that NOW && there's some testing dude who slides into your dms if you post about it and asks if you remember any questions
my mind was wiped immediately after leaving testing center. it was like a dream
NosyBeagle
17:21
all i remember is that i did not do well
NosyBeagle
17:21
bro what if they Men in Black us after we finish
ParallelAgreeableOrangutan
17:23
Eternal Sunshine us
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