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Simple English definitions for legal terms

cestui que vie

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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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RoaldDahl
16:05
dodged the mich r wave what does this mean
HopefullyInLawSchool
16:06
it means you will not be rejected today and may be accepted or WL in the future
Just got my Michigan rejection
BookwormBroker
16:10
same
RoaldDahl
16:10
@HopefullyInLawSchool: what if i already got rejected. does it mean anything
HopefullyInLawSchool
16:12
@RoaldDahl: Likely not however it could mean nothing
RoaldDahl
16:15
So if it means nothing does that mean something?
HopefullyInLawSchool
16:17
Possibly
RoaldDahl
16:26
Cool
RoaldDahl
16:26
thank you!!!! i hope it means something
pinkandblue
16:31
fart
IrishDinosaur
16:36
Mich R gang lesgooo
Did anyone else get that random get to know nova email?
HopefullyInLawSchool
17:21
Ya it was sent to all YM applicants
starfishies
17:37
Anyone get the NDLS email inviting you to apply for something even though they haven’t made a decision on your app yet
17:38
Better yet I got the email and I was rejected last month
starfishies
17:38
Wtf
starfishies
17:39
and the deadline is in like a week what is this
any cardozo movement?
BatmanBeyond
18:01
Sent a LOCI via portal, but I'm wondering if email would have gotten me a swifter response
BatmanBeyond
18:02
This whole hold/wait-list/reserve system is a headache
loci already?
BatmanBeyond
18:09
If the odds are like 1-2% I don't think it matters much by the numbers
12:11
I got the same NDLS email
OrangeThing
12:18
I think the user profiles are broken
19:29
Any word out of Notre Dame?
19:29
Only the invitation to apply for LSE
19:29
Anyone received a decision from NDLS?
19:50
when did u guys apply that just heard from umich? they havent even glanced at my app yet
0:30
how am i supposed to spy on people when profile links are broken?
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