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Simple English definitions for legal terms

fidei-commissary

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A quick definition of fidei-commissary:

A fidei-commissary, also known as a cestui que trust, is someone who has the right to receive the profits and benefits from a property. They are the beneficiary of a trust, which means the property is held for their benefit. The term cestui que trust is an old-fashioned way of saying "he whose benefit the trust was created for."

A more thorough explanation:

Definition: Fidei-commissary is an archaic term that refers to a beneficiary who possesses equitable rights in property and usually receives the rents, issues, and profits from it. It is also known as cestui que trust.

Example: John created a trust for the benefit of his daughter, Jane. Jane is the fidei-commissary or cestui que trust of the trust.

Explanation: In this example, John created a trust for the benefit of his daughter, Jane. Jane is the fidei-commissary or cestui que trust of the trust, which means she is the beneficiary who possesses equitable rights in the property and receives the rents, issues, and profits from it.

fidei-commissarius | fideicommissary heir

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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
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@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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