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LSDefine

Simple English definitions for legal terms

cestui que vie

Read a random definition: separatum tenementum

A quick definition of cestui que vie:

A cestui que vie is a person whose life is used to measure how long a trust, gift, estate, or insurance contract lasts. For example, if someone gives a piece of land to their friend E for the duration of the giver's life, the giver is the cestui que vie because their life is being used to measure how long E gets to keep the land.

A more thorough explanation:

Cestui Que Vie refers to the person whose life is used to measure the duration of a trust, gift, estate, or insurance contract. This means that the length of time that the trust, gift, estate, or insurance contract lasts is based on how long the person whose life is being measured lives.

For example, if John creates a trust for the benefit of his daughter, Jane, for the duration of Jane's life, then Jane is the cestui que vie. The trust will last as long as Jane is alive.

Another example is if Sarah takes out a life insurance policy that will pay out to her husband, Tom, for the duration of Sarah's life. In this case, Sarah is the cestui que vie. The life insurance policy will pay out to Tom as long as Sarah is alive.

cestui | ceteris paribus

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medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
jackfrost11770
23:16
should i start using letterboxed again
Dkk
23:25
@jackfrost11770: if you want but like it aint for me
dk do u ever eat at bk
Dkk
23:48
@chickenburgahfart: I would do that in the Army if really desperate for food or if I had to work through lunch. One of the few fast food places I go to.
bk so slept on
Dkk
0:23
I will take In N Out everyday over it when I can though.
texaslawhopefully
1:22
In N Out is not only the best fast food place, but the prices too are fantastic
Dkk
1:27
Indeed, indeed.
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