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Simple English definitions for legal terms

trust res

Read a random definition: inclusionary-approach rule

A quick definition of trust res:

Trust res: Trust res is the property that is put into a trust. It's like the body of the trust. It's important to keep the trust property separate from the trustee's own property.

A more thorough explanation:

Trust res, also known as trust corpus, principal, subject matter, or trust property, refers to the property that is transferred into a trust. The term "corpus" comes from Latin and means "body." In the context of a trust, the trust corpus is the "body" of the trust, or the property that is the focus of the trust.

For example, if a person creates a trust and transfers their house, car, and savings account into the trust, those assets would be considered the trust res. The trustee would be responsible for managing and distributing those assets according to the terms of the trust.

It's important to note that the trust res should be kept separate from the trustee's personal property. This ensures that the assets in the trust are protected and managed solely for the benefit of the trust's beneficiaries.

trust protector | trustee

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HopefullyInLawSchool
16:06
it means you will not be rejected today and may be accepted or WL in the future
Just got my Michigan rejection
BookwormBroker
16:10
same
RoaldDahl
16:10
@HopefullyInLawSchool: what if i already got rejected. does it mean anything
HopefullyInLawSchool
16:12
@RoaldDahl: Likely not however it could mean nothing
RoaldDahl
16:15
So if it means nothing does that mean something?
HopefullyInLawSchool
16:17
Possibly
RoaldDahl
16:26
Cool
RoaldDahl
16:26
thank you!!!! i hope it means something
pinkandblue
16:31
fart
IrishDinosaur
16:36
Mich R gang lesgooo
Did anyone else get that random get to know nova email?
HopefullyInLawSchool
17:21
Ya it was sent to all YM applicants
starfishies
17:37
Anyone get the NDLS email inviting you to apply for something even though they haven’t made a decision on your app yet
17:38
Better yet I got the email and I was rejected last month
starfishies
17:38
Wtf
starfishies
17:39
and the deadline is in like a week what is this
any cardozo movement?
BatmanBeyond
18:01
Sent a LOCI via portal, but I'm wondering if email would have gotten me a swifter response
BatmanBeyond
18:02
This whole hold/wait-list/reserve system is a headache
loci already?
BatmanBeyond
18:09
If the odds are like 1-2% I don't think it matters much by the numbers
12:11
I got the same NDLS email
OrangeThing
12:18
I think the user profiles are broken
19:29
Any word out of Notre Dame?
19:29
Only the invitation to apply for LSE
19:29
Anyone received a decision from NDLS?
19:50
when did u guys apply that just heard from umich? they havent even glanced at my app yet
0:30
how am i supposed to spy on people when profile links are broken?
Right. Broken links smh
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