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LSDefine

Simple English definitions for legal terms

accretion

Read a random definition: L.W.O.P.

A quick definition of accretion:

Accretion is when land next to water slowly gets bigger because of the water's movement. This can make a piece of property grow over time and become more valuable. The new land that is added becomes the legal property of the person who owns the original property. Accretion can also happen in trusts, where one person gets more than their fair share because someone else didn't take their share or didn't follow the rules to get it.

A more thorough explanation:

Accretion in law refers to the slow addition of land next to water due to the water’s movement or the increase of beneficiary’s share of a trust due to the actions of another beneficiary.

For example, accretion from natural causes (also referred to as alluvion) adds soil, sand, and other types of earth to the part of a person’s property that borders water. This occurs very slowly, but over time, a piece of property may grow a lot and increase its value. Any addition to one’s property by accretion becomes that person’s legal property. This is in contrast with avulsion where the original owner of the moved earth continues to own it. Avulsion occurs where large parts of a person's property suddenly move away due to natural events such as flooding.

Accretion in estates occurs where a beneficiary to a trust receives more than their original share of the trust. Often, this occurs because one of the other beneficiaries does not take their share or does not fulfill a requirement for them to receive their share of the trust.

These examples illustrate how accretion can occur in different contexts, but in each case, it involves a slow and gradual increase in something over time.

accredited investor | accrual method of accounting

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17:04
we have been duped.
17:05
Oh well there is always the next election.* *- unless there are no more elections.
texaslawhopefully
17:05
I lean conservative and for a long time was one of those people who thought that he was bad but wasn't a facist and that sort of rhetoric was over-reactive. And for those reasons I voted for Harris, but I think I was underestimating him by far.
gov hiring freeze is insane
Remember when Elon musk literally did the nazi salute twice , yeah
Insane
his goal is to crush public opinion of the government by intentionally making ineffective and then pointing to how ineffective it is
Dkk
17:05
I personally think most people are one issue voters and rhey disagree on principle but things have to be done this say now or else they never will.
17:05
oh well should be a good little 'societal experiment' if u will
@SplitterusClitterus: he clearly just meant his heart goes out to him, just ignore his support for the literal fascist party in germany
17:06
dkk what's your one issue
texaslawhopefully
17:06
I was a one issue voter. My one fucking issue was that Trump encouraged an insurrection.
texaslawhopefully
17:07
That's all anyone should've needed.
17:07
i am a 1 issue voter: national debt.
jackfrost11770
17:07
THERES A COP FUNERAL AND NOW THE BUSES ARENT RUNNING TO MY PLACE SO I HAVE TO WALK IN THE FREEZING COLD HOME
texaslawhopefully
17:07
Not to mention that he's completely thrown away liberalism and classic western political philosophy, but yk your eggs will be cheaper so it's worth it
how bad are these tariffs gonna get for us everyday consumers?
@jackfrost11770: FUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUu
jackfrost11770
17:08
FUCK THE NYPD
WASP HAHAHAHAHHA
texaslawhopefully
17:08
Estimates are about 4k fruitbat
YRDSL
17:08
im a 1 issue voter - if i want someone to be elected i vote for them
woof
texaslawhopefully
17:08
I've seen some that could be as high as 7k though
17:08
@jackfrost11770: ya prolly don't buy any lotto tickets tonite
get on that trump coin before the rug pull lol
Dkk
17:09
@BigStrongBug: I don't consider myself a one issue voter but if I had to pick one it would be gender relations.
i am a one issue voter for the economy, which is why i voted harris
texaslawhopefully
17:10
Here's a fairly well respected estimate fruitybat: The proposed tariffs could cost consumers an additional $2,500 to $7,600 a year per household, according to estimates, said Jonathan Gold, vice president of supply chain and customs policy for the National Retail Federation.
i am a voter so i voted
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