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LSDefine

Simple English definitions for legal terms

defective trust

Read a random definition: lockdown

A quick definition of defective trust:

A defective trust is a type of trust that has some errors or mistakes in its creation or administration. This can include things like missing signatures or incorrect wording. It is different from a substantive defect, which would affect the actual terms and provisions of the trust.

A more thorough explanation:

A defective trust is a type of trust that has some flaw or error in its creation or administration. This can include mistakes in the language used to create the trust, or errors in the way the trust is managed or distributed.

For example, if a trust is created with unclear or ambiguous language, it may be considered defective. Similarly, if a trustee fails to properly manage the trust assets or distribute them according to the terms of the trust, this could also be considered a defect.

Another example of a defective trust might be one that violates certain legal requirements, such as those related to taxation or fiduciary duties.

Overall, a defective trust is one that does not function as intended due to some sort of error or flaw in its creation or administration.

defective record | defect of parties

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MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
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