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Simple English definitions for legal terms

ultra vires inventarii

Read a random definition: common of piscary

A quick definition of ultra vires inventarii:

Term: ULTRA VIRES INVENTARII

Definition: Ultra vires inventarii is a legal term that means "beyond the value of the inventory." This term is used in the context of a deceased person's estate. If an executor of the estate is found to have paid out more money than the value of the assets listed in the inventory, they are not liable for the decedent's debts beyond that amount. In simpler terms, it means that the executor is only responsible for paying debts up to the value of the assets listed in the inventory.

A more thorough explanation:

Definition: Ultra vires inventarii is a Latin legal term that means "beyond the value of the inventory." It refers to a situation where an executor is not liable for the debts of a deceased person that exceed the value of their estate as listed in the inventory.

Example: If a person dies and their estate is valued at $100,000, but they owe $150,000 in debts, the executor is only responsible for paying off the debts up to the value of the estate, which is $100,000. The remaining $50,000 in debt is considered ultra vires inventarii and cannot be collected from the executor.

This legal concept is important because it protects executors from being held personally responsible for debts that exceed the value of the estate they are managing. It also ensures that creditors are only able to collect what is owed to them up to the value of the estate.

ultra vires compromissi | ultroneous witness

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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.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
WorthlessAttractiveZombie
7:44
My berkeley paragraph finally disappeared. I definitely think it is just an indicator that they are actively reviewing files, and does not mean anything about A, WL, or Rs
WorthlessAttractiveZombie
7:46
Also has anyone's date disappeared for W&L? Mine did last night
7:55
@WorthlessAttractiveZombie: mine did yesterday morning
7:56
Oops sorry I meant Vilanova. Mine disappeared last week
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