What Is a Testamentary Trust? Simple definition of a legal testamentary trust: it is a trust created through a person’s…

What Is Undue Influence? Simple definition of legal undue influence: it is a situation where one person unfairly pressures or…

What Is a Legal Living Will? Simple definition of a legal living will: it is a written legal document that…

What Is Prima Facie Evidence? Simple definition of prima facie evidence: it is evidence that, on its face, is sufficient…

What Is Legal Subrogation? Simple definition of legal subrogation: it is the right of one party, typically an insurer, to…

What Is a Spendthrift Trust? Simple definition of a spendthrift trust: it is a legal arrangement designed to protect a…

What Is a Revocable Trust? Simple definition of a revocable trust: it is a legal arrangement that allows the creator…

What Is a Legal Joint Venture? Simple definition of a legal joint venture: it is a business arrangement where two…

What Is an Equitable Title? Simple definition of equitable title: it is the beneficial interest in a property, meaning the…

What Is an Affirmative Defense? In lawsuits, defendants do more than just deny the allegations. Sometimes, they present additional facts…