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LSDefine

Simple English definitions for legal terms

pres

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A quick definition of pres:

Term: PRES

Definition: PRES is short for "pray" and is a legal term used in the context of the cy pres doctrine. This doctrine allows a court to reform a written instrument, such as a will or deed, with a gift to charity as closely to the donor's intention as possible, so that the gift does not fail. Essentially, if a donor's original charitable purpose cannot be fulfilled, the court will use cy pres to distribute the gift to a charity that will advance the interests of the class. This doctrine is also used to avoid violating the rule against perpetuities.

A more thorough explanation:

PRES (pray) is a term used in Law French that means "near." It is often used in the legal term cy pres, which means "as near as possible."

The cy pres doctrine is an equitable doctrine used by courts to reform a written instrument with a gift to charity as closely to the donor's intention as possible, so that the gift does not fail. This is often used when the donor's original charitable purpose cannot be fulfilled.

For example, if a donor leaves money to a charity that no longer exists, the court may use the cy pres doctrine to distribute the money to a similar charity that will advance the donor's intended interests.

In addition to its use in the cy pres doctrine, PRES can also refer to a statutory provision that allows a court to reform a will, deed, or other instrument to avoid violating the rule against perpetuities.

For example, if a will leaves property to a person who is not yet born and the will violates the rule against perpetuities, the court may use the PRES provision to reform the will and ensure that the property is distributed in accordance with the donor's intentions.

Overall, PRES is a legal term that refers to the court's ability to reform a written instrument to ensure that the donor's intentions are carried out as closely as possible.

prerogative | presale

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lilypadfrog
12:57
我没有决定
atwatodbit
12:57
加油,等一會人一定會開始收好新聞
12:57
@atwatodbit: haha I feel like this cycle its not rlly all ab stats tho
atwatodbit
12:59
@sadpadresfan: for sure, but you're certainly as strong as me though. Hold on whether its later today or weeks from now. Plus you got da berk A, I am jealous
lilypadfrog
12:59
每个人都说“你的考试成绩这么好,你会得到很好的决定”,但我没有!
texaslawhopefully
12:59
oof I think I'm going to miss the penn wave
texaslawhopefully
12:59
are they still calling
Trismegistus
12:59
hey tex me too lmfao
choosingpeace
12:59
@texaslawhopefully: me too yayyy
lilypadfrog
12:59
we did it reddit
13:00
@atwatodbit: haha ty wishing you the best as well
cumsock
13:00
careful! i graduated from reddit university
13:00
@texaslawhopefully: another day another missed wave??
lilypadfrog
13:01
what if I started using redditisms
lilypadfrog
13:01
thank you kind stranger for the gold
Trismegistus
13:01
do all my hopes and dreams and sanity rest on chicago now
texaslawhopefully
13:01
@sadpadresfan: prolly. My only hope is my last name is towards the end of the alphabet
lilypadfrog
13:01
i hope u guys would put me down like a dog that bit a baby
Trismegistus
13:02
@texaslawhopefully: i saw 3/4 down alphabet then 30- mins later 1/2 down alphabet
texaslawhopefully
13:02
so they're still calling?
Trismegistus
13:03
that i dont know
KeenHeartbreakingRattlesnake
13:03
the Penn e wave is about to cook me
atwatodbit
13:03
@sadpadresfan: did you get your Cornell scholly with your A at the same time? I think they gave me nothing...
lilypadfrog
13:04
tex also got cornell scholly ask him
texaslawhopefully
13:04
there's a form you fill out
texaslawhopefully
13:04
and they'll get back to you within a few days
13:04
@atwatodbit: they emailed me a day after submitting the form
atwatodbit
13:05
ah ok, i've seen that, just need to get parental info then. just making sure
13:05
Feeling fortunate and its my top choice as of now haha
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