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Simple English definitions for legal terms

facility-of-payment clause

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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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THATS SO FUNNY
i cant i would go crazy
JumpySubsequentDolphin
20:50
i need to know who decided to do that.
JumpySubsequentDolphin
20:50
omg im on a plane weeeee
the devil
youre on a plane??? LSD made the mile high club??
20:50
yo splitterus are you in school already
20:50
it says ur c/o 2027
JumpySubsequentDolphin
20:51
@SplitterusClitterus: HAHAH yes
ur user is hilarioussss and no i just graduated this may and am now applying ---also im out of messages so ill take a lil
20:52
roger dat. see u in heck
im back, r u applying this cycle too
JumpySubsequentDolphin
21:32
this child fell asleep on me
JumpySubsequentDolphin
21:32
im so uncomfortable
just push him off the entire seat
JumpySubsequentDolphin
21:34
LMAOOOO
JumpySubsequentDolphin
21:35
no he’s literally like 8 and he fully just put his head on my bicep and slept
JumpySubsequentDolphin
21:35
he has since moved
22:12
@SplitterusClitterus: me yesterday
gulc baby pls text me back... i miss you ...... :(
22:23
i just went into a discord vc and yelled "YALL I JUST GOT INTO J.M. SCHOOL OF LAW"
22:24
people were getting excited :sob:
22:25
then someone was like "what does jm stand for" and i was like .. well
AHHAHAHAHAHAHHAHAHAHAHAHAH
@JumpySubsequentDolphin: wait this is so cute, also where r u going
JOE MBIDEN
JumpySubsequentDolphin
22:39
@splitty Oregon!
oh yay for what thats so random
JumpySubsequentDolphin
22:45
haha my brother and sister in law live there
so cutie oregon is beatiful
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