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Simple English definitions for legal terms

all-or-nothing rule

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A quick definition of all-or-nothing rule:

The all-or-nothing rule is a legal rule that says if a group of people are supposed to get something, but one person in the group can't get it, then nobody in the group can get it. This means that even if some people in the group could have gotten what they were supposed to get, they won't get it because of the one person who couldn't. This rule is used to make sure that everyone in the group is treated fairly and nobody gets left out.

A more thorough explanation:

The all-or-nothing rule is a legal principle that states that if a class gift is invalid in part, then it is invalid in its entirety. This means that even if a class member's interest in the gift vests within the legal time limit, it can still be invalidated if another class member's interest is subject to partial divestment.

Let's say that a wealthy individual creates a trust fund for their grandchildren, with the stipulation that the funds will be distributed equally among all grandchildren when the youngest turns 25 years old. However, if any grandchild dies before turning 25, their share will be divided among the surviving grandchildren.

If one of the grandchildren dies before turning 25, their share would be divided among the surviving grandchildren. However, if the trust fund was created in a jurisdiction that follows the all-or-nothing rule, the entire gift would be invalidated because it is subject to partial divestment.

Another example could be a will that leaves a gift to "all of my nieces and nephews." If one of the nieces or nephews is deemed ineligible to receive the gift due to the all-or-nothing rule, then the entire gift would be invalidated.

These examples illustrate how the all-or-nothing rule can have significant consequences for class gifts, even if some class members are eligible to receive their share of the gift.

all-or-none order | allotment

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texaslawhopefully
13:04
and they'll get back to you within a few days
13:04
@atwatodbit: they emailed me a day after submitting the form
atwatodbit
13:05
ah ok, i've seen that, just need to get parental info then. just making sure
13:05
Feeling fortunate and its my top choice as of now haha
lilypadfrog
13:06
what if you fill this out and you haven’t been admitted? just a next level move? they probably have to let you in then
PerpetualCheerfulBeaver
13:06
I applied to all my places in late september and am still waiting to hear back. ive missed all three types of waves (WL,R,A) am i screwed??
texaslawhopefully
13:07
Your guess is as good as mine. I'm in the same boat for most schools
Trismegistus
13:07
begging chicago for an A
atwatodbit
13:08
the vast majority of the t14 has not hit 50% of their As, many have not even hit 25%. zero reason for panic
PerpetualCheerfulBeaver
13:08
Thank you texas!
choosingpeace
13:08
missing CLS and Penn waves im so screwed
choosingpeace
13:08
i applied early too i hate everything im crashing out im crashing OUT
PerpetualCheerfulBeaver
13:08
I literally have no experience in this type of stuff, but if i get waitlisted, should i send an email about continued interest?
lilypadfrog
13:09
im so nonchalant
lilypadfrog
13:09
i will probably hear something back eventually
texaslawhopefully
13:10
I wish I could be like you lily
Trismegistus
13:10
im actively losingh my mind man
choosingpeace
13:10
@texaslawhopefully: lmaoo same Im crashing out so bad like it's never been this bad
texaslawhopefully
13:11
I need Chicago on Friday
Trismegistus
13:11
me too
Trismegistus
13:11
sixty coffees is having an insane cycle
PerpetualCheerfulBeaver
13:12
jesus they really are
GreyCeaselessMammoth
13:13
sixtys making a historic run here
Trismegistus
13:13
theyre close to my stats that's how i know them lol
choosingpeace
13:13
stanford harvard columbia duke wtfff
choosingpeace
13:13
uva nyu umich
13:13
I’m just tryna be like him fr fr
choosingpeace
13:13
that's crazy
Def that fulbright
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