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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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i heard the group interview is really chill and I'm kinda excited to do it
seems cool
13:14
Yeah, 7sage has a page that talks about the questions for each schools interview, GULC's seems unique
13:15
Idk how much of an effect it has on admissions chances but should be cool either way
ive heard the conversion rate for gulc group interview is pretty high even moreso if you have the stats
it's hard to say but i've also heard that the group interview is harder to get than the alumni interview. but who really knows tbh
im p sure they don't interview everyone and getting one this early should be a great sign!
13:16
Yeah I've heard the same ab the group interview
13:17
So maybe I'll see you in D.C. a year from now lmao
initiallaw
13:32
Speaking of stat twins kazuyamishima were exact stat twins lol
17:13
Anyone going to the UGA zoom thing on the 22nd?
17:16
My bad, 24th*
Idk, what's it for?
@Law-Guy: How'd you get the Vandy fee waiver?
17:32
What does going ur3 in 3 days mean at Uva 😅
that you will get UR2 in 3 more
17:33
somethings gotta give
I’m new. What’s the UR and UR2?
17:35
I already went ur2. It’s the 3rd status date change
17:35
@RustyWrangler: attend one of their virtual info sessions and they'll send you a fee waiver
@Law-Guy: Awesome, thanks! I'll sign up rn!
i'm not entirely sure
They've recently been sending a lot of interview invites
It means status change?
17:47
Someone said there is a wl/r wave coming but how can that even be predicted 😭
17:48
Where?
Quillinit
17:50
This is obviously not true for UVA. Past years show they don't send any non A results until December
boglue
18:05
this is gonna sound so dumb but what do yall mean when you say date change
18:07
So the date under “application under review” changes with each reader.
boglue
18:08
does anything automatically update on the lsd checker or is that all manual
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