What is a beneficiary issue? Broadly speaking, the term “issue” refers to a person’s lineal descendants. Often, an estate planning lawyer will provide that a bequest will go to a beneficiary’s “issue” if that beneficiary
What is a beneficiary issue?
Broadly speaking, the term “issue” refers to a person’s lineal descendants. Often, an estate planning lawyer will provide that a bequest will go to a beneficiary’s “issue” if that beneficiary doesn’t survive. …
What does surviving issue mean?
1) n. a person’s children or other lineal descendants such as grandchildren and great-grandchildren. Occasionally, there is a problem in determining whether a writer of a will or deed meant issue to include descendants beyond his or her immediate children.
What is a remoter issue?
*** The ISSUE and REMOTER ISSUE basically means the children and grandchildren of the beneficiary. For. instance, if you were to distribute to your own son or daughter and in substitution, to their issue and remoter. issue, this would refer to your grandchildren and great grandchildren.
What does the term issue mean in a trust?
lineal descendant
In the law of trusts and estates, an issue is a lineal descendant of an individual. For example, a person’s grandchild will be considered an issue.
What is an issue in legal terms?
1. In general, any point in dispute between different parties. 2. In the law of trusts and estates, the lineal descendants of an individual. Examples include children, grandchildren, and great-grandchildren.
What is a legal issue example?
The “issue” is the legal issue. It only asks whether THE LAW has anything to say about a particular topic. A classic example of this is a potential legal client who comes in and says that her boss is mean and rude — he yells and screams and makes work wholly unpleasant. The client wants to know if she has a claim.
What is the difference between issue and descendants?
“Issue” typically means a person’s lineal descendants—all genetic descendants of a person, regardless of degree. Issue is a narrower category than heirs, which includes spouses, and collaterals (siblings, cousins, aunts, and uncles). A person who has no living lineal descendants is said to have died without issue.
What is an issue in a case?
Issues. The issues or questions of law raised by the facts peculiar to the case are often stated explicitly by the court. Again, watch out for the occasional judge who misstates the questions raised by the lower court’s opinion, by the parties on appeal, or by the nature of the case.
What are the two types of legal issues?
Civil and Criminal Cases The law deals with two kinds of cases. Civil cases involve conflicts between people or institutions such as businesses. A civil case usually begins when a person or organization determines that a problem can’t be solved without the intervention of the courts.
How do you write an issue?
Writing a Problem Statement: 10 Effective Tips
- Clarify the Vision. Before you can decide how to solve a problem, you must first know what you are trying to accomplish.
- Define the Problem.
- Determine the Context.
- Identify the Impact.
- Make a Business Case.
- Identify the Gap.
- Explain the Causes.
- Select a Problem Solving Method.