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Simple English definitions for legal terms

facility-of-payment clause

Read a random definition: force majeure

A quick definition of facility-of-payment clause:

A facility-of-payment clause is a part of an insurance policy or trust that allows someone to receive payment on behalf of the beneficiary. This means that if the beneficiary is unable to receive the payment themselves, someone else can be appointed to receive it for them. In a trust, this clause also allows anyone who owes money to the beneficiary to pay the money owed to the trustee instead.

A more thorough explanation:

A facility-of-payment clause is a provision in an insurance policy or trust that allows someone to receive payment on behalf of the beneficiary. This means that the beneficiary can appoint someone to receive the payment from the insurer or trustee.

For example, if someone has a life insurance policy and they pass away, the beneficiary may not be able to receive the payment directly. However, if there is a facility-of-payment clause in the policy, the beneficiary can appoint someone to receive the payment on their behalf.

In a trust, a facility-of-payment clause allows anyone who owes money to an incapacitated beneficiary to pay the money owed to the custodial trustee. This means that the trustee can receive the payment on behalf of the beneficiary and use it for their care and well-being.

Overall, a facility-of-payment clause is a useful provision that allows someone to receive payment on behalf of the beneficiary in certain situations.

facility and circumvention | facio ut des

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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
WorthlessAttractiveZombie
7:44
My berkeley paragraph finally disappeared. I definitely think it is just an indicator that they are actively reviewing files, and does not mean anything about A, WL, or Rs
WorthlessAttractiveZombie
7:46
Also has anyone's date disappeared for W&L? Mine did last night
7:55
@WorthlessAttractiveZombie: mine did yesterday morning
7:56
Oops sorry I meant Vilanova. Mine disappeared last week
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