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LSDefine

Simple English definitions for legal terms

money land

Read a random definition: algorithm exception

A quick definition of money land:

Money Land: Money land is when someone puts their money into a special account called a trust. This trust is set up so that the money can be used to buy land in the future. It's like saving up your money to buy a special toy or treat, but instead of a toy, you're saving up to buy land!

A more thorough explanation:

Definition: Money land refers to money that is held in a trust with the intention of converting it into land.

For example, let's say that a person inherits a large sum of money and wants to invest it in real estate. Instead of buying land directly, they may choose to put the money into a trust that is specifically designed to convert the funds into land over time. This allows the person to take advantage of potential tax benefits and other advantages that come with holding money in a trust.

Another example of money land might be a situation where a group of investors pool their money together to purchase a large piece of land. Instead of each investor buying a portion of the land directly, they may choose to put their money into a trust that will eventually purchase the land on their behalf.

Overall, money land is a way for people to invest in real estate without having to directly purchase land themselves. By holding money in a trust, they can take advantage of various benefits and potentially see a greater return on their investment over time.

money judgment | money made

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General

General chat about the legal profession.
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medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
jackfrost11770
23:16
should i start using letterboxed again
Dkk
23:25
@jackfrost11770: if you want but like it aint for me
dk do u ever eat at bk
Dkk
23:48
@chickenburgahfart: I would do that in the Army if really desperate for food or if I had to work through lunch. One of the few fast food places I go to.
bk so slept on
Dkk
0:23
I will take In N Out everyday over it when I can though.
texaslawhopefully
1:22
In N Out is not only the best fast food place, but the prices too are fantastic
Dkk
1:27
Indeed, indeed.
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