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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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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.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
WorthlessAttractiveZombie
7:44
My berkeley paragraph finally disappeared. I definitely think it is just an indicator that they are actively reviewing files, and does not mean anything about A, WL, or Rs
WorthlessAttractiveZombie
7:46
Also has anyone's date disappeared for W&L? Mine did last night
7:55
@WorthlessAttractiveZombie: mine did yesterday morning
7:56
Oops sorry I meant Vilanova. Mine disappeared last week
soapy
8:48
UMN under review! As predicted, decisions are gonna come out early December
Minus those random R decisions from UMN yesterday though right? I wonder what happened there. I don’t think I’ve seen a school start the season out with anything but As on here
almost all of my apps have been UR for 6 weeks at this point I feel exhausted waiting for them to finish
Irvine is being snobby and wont start any review until end of Nov.
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