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Simple English definitions for legal terms

self-destruct clause

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A quick definition of self-destruct clause:

Self-Destruct Clause: A rule in a trust that makes it end automatically. This is often included in trusts that are meant to help people with special needs. For example, if the person receiving the trust money becomes ineligible for government benefits like Medicaid, the trust will end.

A more thorough explanation:

A self-destruct clause is a provision in a trust that automatically terminates the trust under certain conditions. This clause is commonly found in discretionary trusts, particularly in supplemental-needs trusts.

For instance, a trust established to provide for the needs of a disabled person may include a self-destruct provision that terminates the trust if the beneficiary becomes ineligible for government-benefits programs like Medicaid. This means that if the beneficiary no longer qualifies for Medicaid, the trust will be dissolved, and the remaining assets will be distributed to the beneficiaries.

Another example of a self-destruct clause is a trust that terminates when the beneficiary reaches a certain age or achieves a specific goal, such as graduating from college or getting married.

These examples illustrate how a self-destruct clause can be used to ensure that the trust assets are used for their intended purpose and that the trust does not continue indefinitely. It also provides a way to distribute the remaining assets to the beneficiaries once the trust's purpose has been fulfilled or is no longer necessary.

self-critical-analysis privilege | self-destruction

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GodsPlanUltimately
14:59
There is still hope!
14:59
and NYU/CLS didnt come thru today
14:59
wave in one minute? jk but imagine
lil that would be cute yes also how tf am i out of messahes?!?!? (me after def sending over 15 messages) bruh i guess ill ttyguys later....also thank u god i like complainign about the cold,, i am v cold rn theres no hearing here,, chowie YES WAVE IN 1 MIN THEN IN 15 MIN
atwatodbit
15:00
has anyone who got into Penn today gotten login info or scholly information?
texaslawhopefully
15:00
thank you splitter and snow :)
lilypadfrog
15:00
@renard99: i was hoping you would say that
cumsock
15:00
Tex u dropped this 👑
GodsPlanUltimately
15:00
@cumsock: I second this statement
15:01
no emails
15:01
thirded
GodsPlanUltimately
15:03
Finding scholarships make me sad :c
15:04
who would win lsd hunger games
lilypadfrog
15:04
i still have cramps and no decisions
snow
15:04
bulb
15:05
what if i dropped a berk today eyes emoji just for funsies
JeremyFragrance
15:05
penn waitlist
15:05
berk today eyes emoji
JeremyFragrance
15:05
berk is my only hope now
JeremyFragrance
15:05
let's get it eggan
I yhink me and cumsuck would win also out of messages again
is anyone a thanksgiving applicant? have u heard anything from ANYwhere lol
GodsPlanUltimately
15:06
I applied a bit before Thanksgiving and hear back in December right before New Years
GodsPlanUltimately
15:06
And by that I mean literally on New Years
jackfrost11770
15:06
I would win I think like seriously and I'm not joking I think I would survived a zombie apocalypse. Not the last of us ones tho those mfers would kill me in an instant
GodsPlanUltimately
15:07
Bro if I'm in the 50th percentile why'd you give me money like someone under the 25th :C
GodsPlanUltimately
15:07
@jackfrost11770: In 6th grade I had intense fears of the zombie apocalypse because living in the sticks meant you saw no one on the way to school lol
lilypadfrog
15:08
sitting in my cubicle licking the candy coating off an advil
[] AromaticTroubledDormouse
15:09
so far i'm A at 3 schools, WL at 6, and R at 3. Waiting on 8. This cycle is maddening
15:10
tough times at wannabealawyer dot com
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