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Simple English definitions for legal terms

hotchpot

Read a random definition: background of the invention

A quick definition of hotchpot:

Hotchpot: Hotchpot is when you mix different things together, like money, toys, and houses, so that they can be divided equally among people who are supposed to get them. For example, if a mom wants to give her children some of her things after she dies, she might put all of her things together and then divide them equally among her kids. This is called hotchpot.

A more thorough explanation:

Definition: Hotchpot means a “mixture of property.” It is the process of putting together or mixing various properties in order to achieve equal division among beneficiaries or heirs.

For example, when someone dies and leaves behind an estate that includes different types of assets such as securities, personal belongings, and real estate, the process of hotchpot is used to ensure that the beneficiaries or heirs receive an equal share of the estate. All of the assets are combined and then divided equally among the beneficiaries or heirs.

Another example could be a family business that is being passed down to multiple children. In order to ensure that each child receives an equal share of the business, the assets and liabilities of the business are combined and then divided equally among the children.

The examples illustrate how hotchpot is used to ensure that the distribution of property is fair and equal among beneficiaries or heirs. By combining all of the assets and then dividing them equally, hotchpot helps to prevent any disputes or disagreements that may arise from an unequal distribution of property.

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Dkk
19:42
SEO is big money
2016 pushed the conservative party into populism irreversibly
Dkk
19:43
Maybe, but if this is populism, then every election is populist.
19:43
@Dkk: yeah register 1 website and every swinging tom dick and harry calls/emails/texts to 'help with seo'. like bruh, if YOU found it, what i am doing is working
Dkk
19:43
Indeed!
19:48
wasp, i think people are hopeful for a gov who at least attempts to care about the common man
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.
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