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Simple English definitions for legal terms

charitable trust

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A quick definition of charitable trust:

A charitable trust is a special type of trust that is created to help people in need. The trust must have a specific purpose that falls into one of the categories allowed by the law. Unlike other trusts, a charitable trust does not have to have specific people who will benefit from it. Instead, the attorney general is responsible for making sure the trust is used for its intended purpose. Charitable trusts are a good way to help others and are protected by the law.

A more thorough explanation:

A charitable trust is a type of trust that is created for the purpose of benefiting specific charitable causes. In order for a trust to be considered charitable, it must fall into one of the specific purpose categories outlined by the law. Charitable trusts are highly favored by the legal system, as they do not require definite beneficiaries and are not subject to the rule against perpetuities.

One example of a charitable trust is a trust that is created to provide funding for medical research. The trust would be managed by a trustee, who would be responsible for ensuring that the funds are used in accordance with the terms of the trust. The beneficiaries of the trust would be the medical researchers who receive the funding, as well as the individuals who benefit from the research.

Another example of a charitable trust is a trust that is created to provide funding for education. The trust could be used to provide scholarships to students who are pursuing higher education, or to fund research and development in the field of education.

These examples illustrate how charitable trusts can be used to benefit specific charitable causes, without the need for definite beneficiaries. The attorney general is responsible for enforcing the terms of the trust, ensuring that the funds are used in accordance with the charitable purpose of the trust.

charitable remainder unitrust | charitable trusts purposes

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yeah there are so many good cuisines in ithaca
renard99
22:31
@lilypadfrog: that’s a pity I’da be liking them all
texaslawhopefully
22:31
Only food I’m going to miss for sure if I leave Texas is texmex
22:31
waspy hasnt had thai food in ithaca yet. ithaca thai is so good
^^^^ truuuuuu
22:32
there are two major thai places and they have very similar names bc a divorced husband and wife own them lol
22:32
personally i think taste of thai is better than taste of thai express but thats just me
i had pho tho and it was really good and huge portions
texaslawhopefully
22:32
Glad they have good Thai food, I love Thai food! Can’t wait to visit :)
22:33
when tex goes to ithaca i want to come
Dkk
22:34
Crying Tiger, best Thai dish.
damn im so hungry all i had today was a curry tonkatsu and buldak
and it was a lil baby noodle cup
vvv hungry
22:36
curry tonkatsu so yummeh
22:36
whats even open rn? pizza?
CTB is it i think
22:37
is collegetown pizza not open
22:37
i used to get a slice from there or wings over at like 1am after my shift at the restaurant
Dkk
22:48
Ross Ulbricht free. God Bless Trump. Huge win.
JeremyFragrance
22:54
agreed
texaslawhopefully
22:55
This is an interesting read: https://thedispatch.com/article/birthright-citizenship-trump-implications/
Dkk
23:01
I mean, idk how it's possible to end birth right citizenship without amending the constitution because to me the 14th amendment is pretty clear about it.
ross ulbricht tried to hire a hitman to kill 5 people
i am not that sympathetic to him
Dkk
23:04
@KnowledgeableRitzyWasp: That might have been an FBI agent. It was most likely him and he was most likely doing it to retrieve stolen funds that corrupt FBI agents stole, but yeah moral gray area but me personally, cool with hitmen. It's not like it is uncommon to hire hitmen. I don't think the action itself is necessarily wrong but the intent behind it can be.
Dkk
23:05
Like, Boeing whistblowers being killed by hitmen = wrong but a guy hiring hitmen to retrieve stolen funds = good to me.
texaslawhopefully
23:05
@Dkk: Yeah, for sure. My guess is it'll go to SCOTUS and it'll be 8-1 or 7-2, saying that EO was unconstitutional.
Dkk
23:06
Indeed. I need a count for how many exectuive orders he has signed and how many already have pending lawsuits.
i've been away for a while what were the most recent waves? any this week?
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