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Simple English definitions for legal terms

power of revocation

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A quick definition of power of revocation:

Power of revocation refers to the ability to cancel or change a legal relationship that has been created. It is a type of authority that allows a person or organization to alter their rights, duties, liabilities, or other legal relations. This power can be reserved in an instrument such as a trust, and allows the person who holds it to revoke the legal relationship they have created.

A more thorough explanation:

The power of revocation refers to the legal right or authorization to alter, by an act of will, the rights, duties, liabilities, or other legal relations either of that person or of another. It is a power that a person reserves in an instrument (such as a trust) to revoke the legal relationship that the person has created.

For example, if a person creates a trust and reserves the power of revocation, they have the ability to change or cancel the trust at any time. This power is important because it allows the person to make changes to the trust if their circumstances or wishes change.

Another example of the power of revocation is a power of attorney. If a person grants someone else the power to act on their behalf, they may also reserve the power to revoke that authority if they no longer want that person to act on their behalf.

In summary, the power of revocation is the legal right to change or cancel a legal relationship that a person has created. It is an important power that allows people to make changes to their legal arrangements if their circumstances or wishes change.

power of alienation | power of sale

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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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