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Simple English definitions for legal terms

definite trust beneficiaries

Read a random definition: ad cautelam ex superabundanti

A quick definition of definite trust beneficiaries:

Definite trust beneficiaries are people who are named or can be identified as beneficiaries in a trust. A trust is a legal agreement where someone (the settlor) gives property to someone else (the trustee) to manage for the benefit of others (the beneficiaries). The beneficiaries must be identifiable, meaning there must be a clear way to know who they are. For example, saying "my children" is okay because it's clear who the settlor's children are, but saying "my friends" is not okay because it's too vague. If a trust doesn't have definite beneficiaries, it can't be enforced. However, if the trust is for a charity, it doesn't need definite human beneficiaries because it's enforced by the state attorney general.

A more thorough explanation:

Definition: Definite beneficiaries are individuals or groups of people who are named or can be identified as beneficiaries of a trust. A trust must have definite beneficiaries to be valid. This is because the beneficiaries are the ones who enforce the trust. The settlor can name the beneficiaries or identify a group or class of people as beneficiaries, as long as there are objective standards to define the group.

Example: "My children" is an example of an ascertainable class of persons because there are objective standards to identify who is included as the settlor's children. However, "my friends" is not an ascertainable class because it is a subjective identification and it is difficult to ascertain who is included in the class of "friends".

If a trust does not have definite beneficiaries and is not created for the benefit of a charity, it is deemed to be an unenforceable trust. However, an exception to this rule is when the trust is a charitable trust which is created to benefit a charity. A trust created to benefit a charity is not required to have definite human beneficiaries, because a charitable trust is usually enforced by the state attorney general.

Example: It would be permissible to create a charitable trust that gives 1 million "to be used to feed the hungry in Essex County, Massachusetts." This is an example of a charitable trust that does not have definite human beneficiaries, but instead has a definite charitable purpose.

These examples illustrate the importance of having definite beneficiaries in a trust, as well as the exception for charitable trusts. Definite beneficiaries ensure that the trust can be enforced and that the beneficiaries receive the intended benefits. Charitable trusts, on the other hand, do not require definite human beneficiaries because they are enforced by the state attorney general and have a definite charitable purpose.

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@JumpySubsequentDolphin: I appreciate the vote of confidence
JumpySubsequentDolphin
22:58
@shaquilleoatmeal: I HAAATE JABID
shaquilleoatmeal
23:03
Lmaooo why that song is mad catchy
JumpySubsequentDolphin
23:04
they’re so icky
JumpySubsequentDolphin
23:04
mahrajan shabab falastin - such a weird song
shaquilleoatmeal
23:04
Duly noted 🫡
shaquilleoatmeal
23:05
Put me on some good music then
23:06
How does that video have 290M views it looks like it was shot on a budget of $2 and a bottle of Coke
shaquilleoatmeal
23:07
Do you listen to saint levant? That’s a dude who can speak 5 languages lmao
shaquilleoatmeal
23:07
lol back in the day that’s how videos were made and it was pure gold
23:08
Levantine truly is the best one day I’ll find the will to learn Arabic and I’ll go with Levantine
23:10
my friend from college learned arabic and she became fluent and spent a semester doing independent study in jordan. i thought that was cool
JumpySubsequentDolphin
23:11
@shaquilleoatmeal: wea’youneha by sana moussa is the song i have reserved for my wedding
JumpySubsequentDolphin
23:12
@shaquilleoatmeal: he’s a douche but his music can be fairly catchy
JumpySubsequentDolphin
23:12
@renard99: yes I’m loving the Levantine love!! and @eggan v cool Amman is one of my fave places
shaquilleoatmeal
23:16
Send me a link - I get a couple mixed results when I search
shaquilleoatmeal
23:17
Nvm I found it
shaquilleoatmeal
23:20
Sounds like someone’s playing the qanun?
JumpySubsequentDolphin
23:23
perhaps
JumpySubsequentDolphin
23:23
the lyrics are chefs kiss
shaquilleoatmeal
23:29
Tell me what it translates to tomorrow, I gotta sleep, Laylah sa'eedah 😴
JumpySubsequentDolphin
23:31
tusbihun ‘ala khair
HELLO ALL
whos awake \
JumpySubsequentDolphin
23:42
hi SPLITTY!!!
HIII DOLPHYY
stanford finally sent me a status checker tomight
do yall know if "Your file has been submitted for review" just means under review
Dkk
0:08
@SplitterusClitterus: really depends on the school. Could mean they have just received it. Could be it is under review. Could mean they already have a decision for you. For Stanford, idk.
Mmm ok thank you
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