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LSDefine

Simple English definitions for legal terms

Public Express Trust

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A quick definition of Public Express Trust:

A public express trust is a type of charity that helps the community or has a specific purpose, like education or health. The law likes these trusts and gives them special benefits, like not having to follow the rule against keeping things going forever.

A more thorough explanation:

A public express trust is a type of charitable trust that has a specific purpose that benefits the community or a particular group of people. For example, a trust that provides funding for education or healthcare would be considered a public express trust.

These types of trusts are favored by the law and receive certain advantages. For instance, the remainder interest in a public express trust is not subject to the rule against perpetuities, which means that the trust can continue indefinitely.

One example of a public express trust is the Bill and Melinda Gates Foundation, which is dedicated to improving global healthcare and reducing poverty. Another example is the Ford Foundation, which provides funding for education, human rights, and other social justice causes.

These examples illustrate how public express trusts can have a significant impact on society by providing funding and resources for important causes that benefit the community as a whole.

public easement | public figure

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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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