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Simple English definitions for legal terms

UPIA

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A quick definition of UPIA:

Term: UPIA

Definition: UPIA stands for Uniform Prudent Investor Act. This is a law that helps people who manage money for others, like trustees or financial advisors, make smart decisions about how to invest that money. The law says that these people should be careful and thoughtful when choosing investments, and they should always act in the best interest of the person whose money they are managing. This helps protect people's money and make sure it is being used wisely.

A more thorough explanation:

UPIA

UPIA stands for Uniform Prudent Investor Act. It is a law that sets guidelines for how trustees and other fiduciaries should manage and invest assets.

For example, if a trustee is managing a trust fund for a beneficiary, they must follow the UPIA guidelines when making investment decisions. This means they must act in the best interest of the beneficiary, diversify investments, and consider the risk and return of each investment.

Another example is if a financial advisor is managing a client's portfolio, they must also follow the UPIA guidelines. They must act in the best interest of the client, diversify investments, and consider the risk and return of each investment.

The UPIA is designed to protect beneficiaries and clients by ensuring that their assets are managed prudently and in their best interest. The guidelines set by the UPIA help fiduciaries make informed investment decisions that balance risk and return, and avoid unnecessary losses. By following the UPIA guidelines, fiduciaries can help ensure that beneficiaries and clients receive the maximum benefit from their assets.

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yeah there are so many good cuisines in ithaca
renard99
22:31
@lilypadfrog: that’s a pity I’da be liking them all
texaslawhopefully
22:31
Only food I’m going to miss for sure if I leave Texas is texmex
22:31
waspy hasnt had thai food in ithaca yet. ithaca thai is so good
^^^^ truuuuuu
22:32
there are two major thai places and they have very similar names bc a divorced husband and wife own them lol
22:32
personally i think taste of thai is better than taste of thai express but thats just me
i had pho tho and it was really good and huge portions
texaslawhopefully
22:32
Glad they have good Thai food, I love Thai food! Can’t wait to visit :)
22:33
when tex goes to ithaca i want to come
Dkk
22:34
Crying Tiger, best Thai dish.
damn im so hungry all i had today was a curry tonkatsu and buldak
and it was a lil baby noodle cup
vvv hungry
22:36
curry tonkatsu so yummeh
22:36
whats even open rn? pizza?
CTB is it i think
22:37
is collegetown pizza not open
22:37
i used to get a slice from there or wings over at like 1am after my shift at the restaurant
Dkk
22:48
Ross Ulbricht free. God Bless Trump. Huge win.
JeremyFragrance
22:54
agreed
texaslawhopefully
22:55
This is an interesting read: https://thedispatch.com/article/birthright-citizenship-trump-implications/
Dkk
23:01
I mean, idk how it's possible to end birth right citizenship without amending the constitution because to me the 14th amendment is pretty clear about it.
ross ulbricht tried to hire a hitman to kill 5 people
i am not that sympathetic to him
Dkk
23:04
@KnowledgeableRitzyWasp: That might have been an FBI agent. It was most likely him and he was most likely doing it to retrieve stolen funds that corrupt FBI agents stole, but yeah moral gray area but me personally, cool with hitmen. It's not like it is uncommon to hire hitmen. I don't think the action itself is necessarily wrong but the intent behind it can be.
Dkk
23:05
Like, Boeing whistblowers being killed by hitmen = wrong but a guy hiring hitmen to retrieve stolen funds = good to me.
texaslawhopefully
23:05
@Dkk: Yeah, for sure. My guess is it'll go to SCOTUS and it'll be 8-1 or 7-2, saying that EO was unconstitutional.
Dkk
23:06
Indeed. I need a count for how many exectuive orders he has signed and how many already have pending lawsuits.
i've been away for a while what were the most recent waves? any this week?
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