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Simple English definitions for legal terms

fide-committee

Read a random definition: magistratus minores

A quick definition of fide-committee:

A fide-committee is someone who benefits from a trust, also known as a cestui que trust. This term comes from the Roman law, where the beneficiary was called fideicommissarius. In English, it means someone who is committed to the good faith of another.

A more thorough explanation:

A fide-committee is a beneficiary of a trust, also known as a cestui que trust.

When someone creates a trust, they are known as the settlor. The settlor transfers assets to a trustee, who manages the assets for the benefit of a beneficiary. The beneficiary is the person who receives the benefits of the trust, such as income or property. In legal terms, the beneficiary is called a cestui que trust. Another term for a cestui que trust is fide-committee.

  • John created a trust for his daughter, Sarah. Sarah is the beneficiary of the trust and is also known as the fide-committee.
  • When the settlor dies, the trustee distributes the assets to the fide-committee according to the terms of the trust.

These examples illustrate how a fide-committee is a beneficiary of a trust. In the first example, Sarah is the beneficiary of the trust created by her father, John. In the second example, the fide-committee receives the assets from the trustee after the settlor's death.

fictitious seisin | fideicomiso

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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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