Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

Trust Intent

Read a random definition: writ of ejectment

A quick definition of Trust Intent:

Trust Intent: Trust intent is when someone wants to create a trust. This is important for a trust to exist, along with having something to put in the trust (like money or property), someone to manage it (called a trustee), and people who will benefit from it (called beneficiaries).

A more thorough explanation:

Definition: Trust intent refers to the intention of the person creating a trust (known as the settlor) to establish a trust. It is a necessary element of an express trust, which also requires trust property, a trustee, and identifiable beneficiaries.

Example: John wants to ensure that his children are taken care of after he passes away. He creates a trust and transfers ownership of his property to the trust. In doing so, John demonstrates his trust intent by clearly indicating his intention to create a trust for the benefit of his children.

Explanation: In this example, John's trust intent is evident in his actions. By transferring ownership of his property to the trust, he is demonstrating his intention to create a trust. This is a necessary element of an express trust, which requires the settlor to have a clear intention to create a trust for the benefit of others.

trust instrument | trust merger

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
Dkk
18:34
@wigwav: It looks like if below medians it will not help but If applying in November it seems you are still middle of the cycle.
18:34
@wigwav: nah
TGM
18:34
like am I expected to send it unprompted or can I wait until a school requested it
Dkk
18:35
@TGM: Expected to send it unprompted but you can wait and see.
18:36
Is your LSAT also below median?
TGM
18:37
It’s above median, but I’m applying T6 with unimpressive softs, so even with a good LSAT it’s tough
texaslawhopefully
18:38
Yeah, then I would just wait as long as you can to send it
texaslawhopefully
18:38
For like HLS at least, if you wait till J6 then you may already have a decision
TGM
18:39
@texaslawhopefully: alas, haven’t even gotten an interview (applied around thanksgiving)
18:39
Yeah I would delay as long as you have plausible deniability
TGM
18:40
I actually do have a transcript issue that registrar needs to resolve, should I say that
TGM
18:41
(Course marked as Incomplete that’s supposed to be removed)
TGM
18:41
not sure if I should email them to say that, or just hold off on sending it and not give an excuse
18:41
I think I just wouldn’t reach out and if they ask for them then say that
Dkk
18:41
@tgm Yeah sounds good, say that if they ask
18:47
hey yall
18:47
im premed idk why im here
18:48
we’re like cool and sexy and fun I get it
18:48
true i love ur user
18:49
thank you my little crow friend
Dkk
18:50
Med law easy done
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
LSD+ is ad-free, with DMs, discounts, case briefs & more.