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Simple English definitions for legal terms

distributive clause

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A quick definition of distributive clause:

A distributive clause is a rule in a will or trust that says how money or gifts should be given out. It tells who gets what and when they get it. Sometimes, a person in charge of giving out the money or gifts might need to change the rules. This is called a distributive deviation. They have to ask a court for permission to change the rules. Usually, the court only says yes if everyone who is supposed to get the money or gifts agrees and if the person who made the will or trust didn't have any other important reasons for the rules. But sometimes, if something really unexpected happens, the court might let the person in charge change the rules even if the person who made the will or trust said they couldn't.

A more thorough explanation:

A distributive clause is a provision in a will or trust that governs the distribution of income and gifts.

For example, a will may state that a certain percentage of the estate's income should be distributed to a specific beneficiary each year.

Distributive deviation refers to a trustee's authorized or unauthorized departure from the express distributional terms of a trust.

For instance, a trustee may seek court approval to deviate from the terms of a trust if all beneficiaries consent and there is no material purpose of the settlor yet to be served.

In some cases, deviation may be permitted if the court finds that it would effectuate the settlor's intention, even if the modification is not expressly authorized by the trust's provisions.

An example of distributive deviation is the Pulitzer trust, where the court approved the sale of World newspaper stock despite an express prohibition within the trust. The court found that the trust's continuation was jeopardized due to hemorrhaging losses, and the stock sale was necessary to preserve the trust's purpose.

distributive | distributive finding

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Dkk
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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.
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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
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windyMagician
19:23
it doesn't hurt its just tingly
Dkk
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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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