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Simple English definitions for legal terms

Statute of Accumulations

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A quick definition of Statute of Accumulations:

The Statute of Accumulations was a law that said people couldn't keep adding more and more property to a deed or will forever. After a certain amount of time, they had to stop adding to it. This law was made in 1800.

A more thorough explanation:

The Statute of Accumulations is a historical law that prohibited the accumulation of property beyond a certain period, which was settled by a deed or will. This law was enacted in 1800 under the 39 & 40 Geo. 3, ch. 98.

For example, if a person left a will that stated their property should be held in trust for their children until they reach the age of 25, the Statute of Accumulations would limit the accumulation of income from that property to 21 years. After 21 years, any income that had not been distributed would be forfeited to the Crown.

Another example would be if a person settled a trust that would accumulate income for a period of 50 years. The Statute of Accumulations would limit the accumulation of income to 21 years, and any income that had not been distributed after that time would be forfeited to the Crown.

These examples illustrate how the Statute of Accumulations was designed to prevent the hoarding of wealth and ensure that property was distributed fairly among beneficiaries. It also ensured that the Crown received its fair share of income from accumulated property.

statute mile | Statute of Allegiance de Facto

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OH FUCK YEAHHHHHH BOSS IS GETTING POTBELLYS FOR ME FOR LUNCH YEAHHHHHHHHHHHHH
12:00
bro what is a potbelly
NosyBeagle
12:00
mom's a dietitan, my dad does mangerial stuff idk what exactly
NosyBeagle
12:00
potbelly is a sandwich joint
NosyBeagle
12:00
here in da US
12:01
ohhh
ronniedoeslaw
12:01
I never realized how much of a waiting game applying to law schools can be. Waiting about 12 weeks now still on an admissions decision
12:03
bruh I take my second lsat in two weeks but realized I only have like 5-6 clean pt's left
12:03
Waiting demon for all I’m waiting quite a few and I’m getting black from other deposit in a can understand how stressful a lot of people
12:03
bro u did all but 6 like on lawhub
12:03
u fina get a 190
12:04
Lessgo steel
you got this steel!!!
12:05
majority on lawhub, but switched to 7sage later on
12:05
I hope averaging 165 after all that is not embarrassing
NosyBeagle
12:05
mfers on reddit be like can i get into pee pee boo boo law with a 190 lsat and a 5.99 gpa
mfers on reddit mad when a urm splitter succeeds
MrThickRopes
12:10
Ts gon be a long summer 🥀
"erm you got in because you're (urm)" you know what? fuck you!!! CURSE OF RA 𓀀 𓀁 𓀂 𓀃 𓀄 𓀅 𓀆 𓀇 𓀈 𓀉 𓀊 𓀋 𓀌 𓀍 𓀎 𓀏 𓀐 𓀑 𓀒 𓀓 𓀔 𓀕 𓀖 𓀗 𓀘 𓀙 𓀚 𓀛 𓀜 𓀝 𓀞 𓀟 𓀠 𓀡 𓀢 𓀣 𓀤 𓀥 𓀦 𓀧 𓀨 𓀩 𓀪 𓀫 𓀬 𓀭 𓀮 𓀯 𓀰 𓀱 𓀲 𓀳 𓀴 𓀵 𓀶 𓀷 𓀸 𓀹 𓀺 𓀻 𓀼 𓀽 𓀾 𓀿 𓁀 𓁁 𓁂 𓁃 𓁄 𓁅 𓁆 𓁇 𓁈 𓁉 𓁊 𓁋 𓁌 𓁍 𓁎 𓁏 𓁐 𓁑 𓀄 𓀅 𓀆
MrThickRopes
12:11
i wanna start da skool al reddy 🥀
12:11
just remember how elitist law school is, especially at the higher ends. These are mostly people who have spent thousands to apply. A 165 is a fantastic score
mr ropes where did u commit to
AngryMiniCar
12:12
^^ 165 is a solid ahh score. Just apply early in the cycle you'll get good results
AngryMiniCar
12:12
I believe
MrThickRopes
12:12
Da Penn state
anyone who tells you a 165 is bad is genuinely someone you should never seek advice from
MrThickRopes
12:14
165 is da best score
i love penn state
NosyBeagle
12:15
165 is gr8. hoping for good news when I retake in aug
12:16
yall think notre dame just never gona release their decisions
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