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Simple English definitions for legal terms

rule against accumulations

Read a random definition: Washington DC Voting Rights Amendment

A quick definition of rule against accumulations:

The rule against accumulations is a legal rule that states that income from property can only be accumulated and distributed to certain beneficiaries within a certain period of time, known as the perpetuity period. This means that any direction to accumulate income beyond this period is not valid. This rule is related to the rule against perpetuities.

A more thorough explanation:

The rule against accumulations is a legal principle that states that any direction to accumulate income from property can only be valid if it is limited to the perpetuity period. This means that the income must be distributed to certain beneficiaries within a certain time frame.

For example, if a person leaves a will that directs their property to be held in trust for their grandchildren until they reach the age of 25, this direction would be valid under the rule against accumulations. However, if the will directed that the property be held in trust for the grandchildren for 50 years, this direction would be invalid because it exceeds the perpetuity period.

The rule against accumulations is closely related to the rule against perpetuities, which limits the time period during which property can be controlled by a trust or other legal instrument. Both rules are designed to prevent property from being tied up for too long and to ensure that it can be used for the benefit of future generations.

rule absolute | rule against inalienability

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Dkk
19:42
SEO is big money
2016 pushed the conservative party into populism irreversibly
Dkk
19:43
Maybe, but if this is populism, then every election is populist.
19:43
@Dkk: yeah register 1 website and every swinging tom dick and harry calls/emails/texts to 'help with seo'. like bruh, if YOU found it, what i am doing is working
Dkk
19:43
Indeed!
19:48
wasp, i think people are hopeful for a gov who at least attempts to care about the common man
MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] 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.
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