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Simple English definitions for legal terms

fideicommissary substitution

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A quick definition of fideicommissary substitution:

Term: FIDEICOMMISSARY SUBSTITUTION

Definition: Fideicommissary substitution is a legal arrangement where a person (the testator) leaves property to someone (the first heir) with the condition that they must pass it on to another person (the second heir) after their death. This means that the first heir cannot keep the property for themselves, but must transfer it to the second heir according to the testator's wishes.

A more thorough explanation:

Definition: Fideicommissary substitution is a legal arrangement where a person (the testator) leaves property to a beneficiary (the fiduciary), with the condition that the property will be passed on to another beneficiary (the fideicommissary) after the fiduciary's death.

For example, a wealthy man may leave his estate to his wife, with the condition that after her death, the estate will be passed on to their children. In this case, the wife is the fiduciary and the children are the fideicommissaries.

Another example is a person leaving a house to a friend, with the condition that after the friend's death, the house will be passed on to a charity. In this case, the friend is the fiduciary and the charity is the fideicommissary.

These examples illustrate how fideicommissary substitution works. The fiduciary is given temporary ownership of the property, but they are not allowed to dispose of it as they wish. Instead, they are obligated to pass it on to the fideicommissary after their death. This legal arrangement is often used in estate planning to ensure that property stays within a family or is used for a specific purpose.

fideicommissary heir | fideicommissum

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starfishies
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this chat has been feral for gulc i hope you guys get ur answers soon
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dude and best part is i called them like a month ago and they told me i hadn't even been in review yet
like II has nothing to do w committee actually seeing ur app
it's just dean andy doing what he wants
@jackfrost11770: if you don't get an A by tomorrow, I'll go up to the admissions office for you
OMGG can u get in without ii
THANK YOU TEXAS :(
split i think it happens but v rare
snow
15:37
@jackfrost11770: wait deadass????
wait jack you called when, also telling u that is SUPER GOOD SIGN
yeah .... when i called last month person i called checked my app and said "okay you've been marked ready for review, so it should go to the committee soon"
babycat
15:37
bringing this back
HopefullyInLawSchool
15:38
@JazzyGazelle: Did you apply to any other california schools?
15:38
@HopefullyInLawSchool: usc, ucla, and uci! I got an R from UCLA on monday, but USC office told me theyre expecting their first wave next week (I called AGAIN, and this is the latest update unfortunately)
HopefullyInLawSchool
15:39
Did you apply YM to UCI?
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@HopefullyInLawSchool: I go to USC curreently soooo hoping it helps
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@HopefullyInLawSchool: whats YM?
HopefullyInLawSchool
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Your mom
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LMAOOOOO
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I HATE YOU
HAHAHAHAHAHAHAHAHAH ILY
HopefullyInLawSchool
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@JazzyGazelle: I just graduated from CSUN
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UR DONE
what did u say when u called gulc im ab to call them
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you just made me lol in lecture
recentboo
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wait so are we feeling gulc for today
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@recentboo: manifest it. now
Swiftie4Life
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what time does gulc release?
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