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Briefly, under trust and estate distribution "right of representation" means that the child of a predeceased heir takes their portion. It is also called "per stirpes". An alternate scheme of distribution is "per capita", or, where all the heirs take as a class. For example, if an estate or trust property was devised to 4 children "per stirpes" and one child was deceased then their children or heirs would take their 1/4 share. If the same estate was devised to 4 children "per capita" and one child was deceased then their siblings would take their share and the estate would be divided into 1/3 portions. There are variations under circumstances other than wills and trusts, for example, state laws of intestacy.
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What do you use trust points for?
They are a physical representation of how trust worthy your answers are. Or how accurate your information is. The right answer will sometimes reward you with a trust point.
Is step grandchildren treated same as grandchildren under right of representation for a trust?
In general, whether step-grandchildren are treated the same as biological grandchildren under the right of representation in a trust depends on the specific language of the trust document and applicable state laws. Many trusts explicitly include or exclude step-grandchildren, so it's essential to review the trust provisions. If the trust is silent on the matter, courts may interpret the intent of the grantor, which can vary widely. Consulting with a legal expert in estate planning can provide clarity based on individual circumstances.
What does simulacrum fidie mean?
A simulacrum is a representation, copy, imitation, or generally something that looks like something else. "Fidei" means "of faith" or "of trust".
What does it mean if he leans into you to smell the perfume on your neck?
He is infatuated with you!!! He likes your smell,!!! And wants you, trust me i am right with this
What does trust thyself mean?
"Trust thyself" means to have confidence in your own judgment, beliefs, and decisions. It encourages you to rely on your own thoughts and instincts, and to trust that you have the ability to make the right choices for yourself.
What does the best way to find out if you can trust somebody is to trust them mean?
If you treat them as though you don't trust them then you are never going to put them in a position where they can let you down. if you treat them as though you trust them you will find out that they are trustworthy when they do the right thing or you will definitely know they are not if they do the wrong thing.
What does the song don't trust you mean?
it mean i dont trust you
The US senate represents what right?
Representation
What does by right of representation mean in a trust?
Briefly, under trust and estate distribution "right of representation" means that the child of a predeceased heir takes their portion. It is also called "per stirpes". An alternate scheme of distribution is "per capita", or, where all the heirs take as a class. For example, if an estate or trust property was devised to 4 children "per stirpes" and one child was deceased then their children or heirs would take their 1/4 share. If the same estate was devised to 4 children "per capita" and one child was deceased then their siblings would take their share and the estate would be divided into 1/3 portions. There are variations under circumstances other than wills and trusts, for example, state laws of intestacy.
What does''no taxation without representation''mean for kids?
It means a government does not have the right to tax a group of people without them being represented in the government.Read more: What_does_the_statement_no_taxation_without_representation_mean
What right referred to as the weingarten right does the employee have in an investigation?
Request union representation
What does the word revocable mean when a living trust is set up that way?
It means that the trustor, or maker of the trust, retained the right to terminate the trust and recover the trust property. That type of trust has tax consequences for the trustor and may leave the property exposed to creditors. An irrevocable trust takes all power over the property out of the trustor's control and out of her/his estate.
