What is Precatory Trust? An express trust that is created with language that expresses a future intent or a wish, but in which the court nevertheless finds legally
dock följande definition i § 2-103, ”Good faith in the case of a merchant nor is a precatory remark. 136 Definition av “kommit fram” anges i CISG, Art. 24.
Nullibist Venueuk tartrate. Legal Definition of precatory. : expressing a wish or desire but not creating a legal obligation or affirmative duty a precatory remark the precatory words. Note: When interpreting wills, courts will look to whether a direction is precatory or mandatory in carrying out the testator's intent. Thus, courts generally will not construe language to create a trust if the language is only precatory and there is no evidence that the language was intended to create a trust. Precatory definition, of, pertaining to, characterized by, or expressing entreaty or supplication: precatory overtures.
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also prec·a·tive adj. Relating to or expressing entreaty or supplication. What is the definition of PRECATORY? What is the meaning of PRECATORY? How do you use PRECATORY in a sentence? What are synonyms for PRECATORY? In determining whether particular words are to be construed as precatory or mandatory, the court will look to the expressed intent of the decedent, as found from the context of the will or trust and surrounding circumstances; and words which, in their ordinary meaning, are precatory will be construed as mandatory only when it is evident that such was the decedent’s intent.
1 : precatory, beseeching a precative utterance.
Precatory Memorandum Law and Legal Definition A precatory memorandum is is a document that may or may not be specifically identified or referenced in a will and is an expression of wishes made by a testator or settlor as to how executors or trustees might exercise their discretionary powers given in a will.
DEFINING A ROLE FOR STATE LAW: FOLK AT 40. BY ROBERT B. some appear to be precatory in line with the Rule 14a-8 discussion below. The result is Spanish English Dictionary. Search with any Spanish or YABLA DICTIONARY.
Precatory. February 12, 2020 February 12, 2020. adj.It is request or a desire for certain action to be carried out at will which if not obeyed no legal action can be taken.For ex- A person’s will reads that he would be happy if some amount of his property is donated,but no …
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Engelska. Synonym. precatory, precative. Definition, förklaring.
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1.1. Law (in a will) expressing a wish or request of the testator but not necessarily binding. ‘a trust can be left in precatory words’. Legal definition for PRECATORY: Having the nature of prayer, request, or entreaty; conveying or embodying a recommendation or advice or the expression of a wish, but not a positive command or direction. Adjective precatory (comparative more precatory, superlative most precatory) Expressing a wish.
from The Century Dictionary.
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precatory in a sentence - Use "precatory" in a sentence 1. Material set out in a whereas clause is purely precatory. 2. Virtually all shareholder resolutions are non-binding ( or " precatory, " to use the legal term of art ). click for more sentences of precatory
How to use precatory in a sentence. Did You Know?
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What is the definition of precatory? What is the meaning of precatory? How do you use precatory in a sentence? What are synonyms for precatory?
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