18:39
Yeah I would delay as long as you have plausible deniability
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Simple English definitions for legal terms
ad colligendum
Read a random definition: inter vivos transfer
A quick definition of ad colligendum:
Term: AD COLLIGENDUM
Definition: Ad colligendum is a Latin term used in law that means "for collecting". It is often used in the context of appointing an administrator ad colligendum, who is responsible for collecting and managing the assets of a deceased person until they can be distributed to their heirs or beneficiaries.
A more thorough explanation:
AD COLLIGENDUM
Ad colligendum is a Latin term used in law which means "for collecting". It is often used in the context of appointing an administrator to collect and manage the assets of a deceased person's estate.
An example of ad colligendum in action would be if a person dies without a will, a court may appoint an administrator ad colligendum to collect and manage the assets of the estate until a proper executor is appointed.
Another example would be if a person is deemed mentally incapacitated and unable to manage their own affairs, a court may appoint an administrator ad colligendum to manage their assets on their behalf.
The term ad colligendum is used in legal contexts to refer to the appointment of an administrator to collect and manage assets. The examples provided illustrate how this term is used in practice, such as when a court appoints an administrator to manage the assets of a deceased person's estate or a mentally incapacitated person's assets.