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Situs (law) In law, the situs (pronounced / ˈsaɪtəs /) ( Latin for position or site) of property is where the property is treated as being located for legal purposes. This may be important when determining which laws apply to the property, since the situs of an object determines the lex situs, that is, the law applicable in the jurisdiction ...
t. e. The Hague Convention on the Law Applicable to Trusts and on their Recognition, or Hague Trust Convention is a multilateral treaty developed by the Hague Conference on Private International Law on the Law Applicable to Trusts. It concluded on 1 July 1985, entered into force 1 January 1992, and is as of September 2017 ratified by 14 countries.
Cestui que ( / ˈsɛstwi ˈkeɪ /; also cestuy que, cestui a que) is a shortened version of " cestui a que use le feoffment fuit fait ", lit. 'the person for whose use/benefit the feoffment was made'; in modern terms, it corresponds to a beneficiary. It is a Law French phrase of medieval English invention, which appears in the legal phrases ...
Where an inter vivos or testamentary trust includes immovables, reference must be made to the lex situs on all aspects relating to title and land use. Similarly, title to movables including choses in action, should be determined by lex situs, i.e. the law of place where each item is located at the time the trust is created. Once created, all ...
A living trust is a legal arrangement that allows you to retain control of your assets while you're alive and pass them on to your heirs. Perhaps the biggest benefit of having a living trust is ...
However, with an irrevocable trust, typically, the grantor cannot alter the terms of the trust without the beneficiary’s approval. But the grantor still had the authority to determine how the ...
Meaning a loss that results from no one's wrongdoing. In Roman law, a person is not responsible for unintended, consequential injury to another that results from a lawful act. This protection does not necessarily apply to unintended damage caused by one's negligence or folly. dat deus incrementum, or, deus dat incrementum: God gives growth
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