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LSDefine

Simple English definitions for legal terms

fiduciary heir

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A quick definition of fiduciary heir:

A fiduciary heir is someone who inherits property from a person who has passed away. They may be entitled to receive the property through the laws of intestacy, which means the person did not have a will. They can also inherit property through a will. In some cases, a fiduciary heir may be responsible for managing the property on behalf of someone who is not yet eligible to receive it.

A more thorough explanation:

Definition: A fiduciary heir is a person who inherits property as a trustee on behalf of someone who is not eligible to receive the property immediately. This term is used in Roman and civil law.

Example: If a person dies and leaves behind a will that states their property should be given to their child when they turn 18, the child cannot receive the property immediately. Instead, a fiduciary heir will be appointed to hold the property in trust until the child reaches the age of 18. The fiduciary heir is responsible for managing the property and ensuring that it is eventually transferred to the child.

This example illustrates how a fiduciary heir is appointed to hold property in trust until the intended recipient is eligible to receive it. This ensures that the property is managed properly and that the intended recipient receives it at the appropriate time.

fiduciary debt | fiduciary-shield doctrine

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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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