Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

protector

Read a random definition: serial polygamy

A quick definition of protector:

A protector is someone who is appointed to oversee and manage a trust. They have broad powers to act for the benefit of the trust, such as removing trustees and modifying trust terms. They are usually not a trustee or beneficiary of the trust. In some cases, a protector can also be a person who has the responsibility of deciding whether a tenant in tail can sell or transfer their property.

A more thorough explanation:

A protector is a person who has the responsibility of overseeing and managing a trust. They are appointed to ensure that the trust is being managed properly and that the settlor's objectives are being met. A protector is usually not a trustee or beneficiary of the trust.

For example, a wealthy individual may create a trust to manage their assets. They may appoint a protector to oversee the trust and ensure that their assets are being managed according to their wishes. The protector may have the power to remove trustees and modify trust terms to promote the settlor's objectives.

Another example of a protector is in the context of a fee tail. A person who has been named as a protector of the settlement has the responsibility of exercising discretion over whether the tenant in tail may bar the entail. This means that the protector has the power to decide whether the tenant in tail can sell or transfer the property.

Overall, a protector is an important role in ensuring that trusts and fee tails are managed properly and in accordance with the settlor's wishes.

protective tariff | protectorate

Warning

Info

General

General chat about the legal profession.
main_chatroom
👍 Chat vibe: 0 👎
Help us make LSD better!
Tell us what's important to you
[] 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.
[] 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
LSD+ is ad-free, with DMs, discounts, case briefs & more.