capacity
'Capacity' means ability to comprehend the nature and consequences of the act of executing and granting, revoking, amending or modifying a power of attorney, any provision in a power of attorney, or the authority of any person to act as agent under a power of attorney. … Full Definition »
Law topic: Power Of Attorney << Legal issue: Trusts & Estate Planning
casualty
A casualty is the damage, destruction, or loss of property resulting from an identifiable event that is sudden, unexpected, or unusual. A sudden event is one that is swift, not gradual or progressive. An unexpected event is one that is ordinarily unanticipated and unintended. An unusual event is one that is not a day-to-day occurrence and that is not … Full Definition »
Law topic: Insurance Litigation << Legal issue: Insurance Litigation
casus belli
Latin expression underlying "shadowy" facts or events justifying attack on another country. Casus is related to the English word "case," and can mean "case," "incident", or "rupture". Belli comes from bellic ("of war") … Full Definition »
Law topic: Military Law & Military Benefits << Legal issue: Military Law & Military Benefits
certificate of title
A certificate of title is a proof of ownership for a used car, boat, or ATV. To transfer the ownership to a third party you need to sign the sertificate of title for a vehicle and five it to a new owner. A certificate of title is a state-issued document that contains essential information about the vehicle such as model, type, year, and info about the … Full Definition »
Law topic: Traffic & Moving Violations << Legal issue: Criminal Defense
chain of title
'Chain of Title' is literally a history of ownership of a particular piece of real property. Chain of Title runs from the original owner to a current proprietor, showing dates when property was sold and names of buyers/sellers. It also reflects any incumbrances placed on the real property. The County Clerks office records all transactions made with … Full Definition »
Law topic: Commercial Real Estate << Legal issue: Real Estate Law
charitable contributions
A gift made by either a person or a legal entity to benefit charity. To deduct any charitable donation of money, regardless of amount, a taxpayer must have a bank record or a written communication from the charity showing the name of the charity and the date and amount of the contribution. Donations of money include those made in cash or by check, … Full Definition »
Law topic: Estate Taxes & Gift Taxes << Legal issue: Tax Law
charitable organization
"Charitable organization" Is a business entity organized and operated exclusively for religious, charitable, scientific, educational, medical, or literary purposes, testing for public safety, prevention of cruelty to children or animals, family counseling, or promotion of amateur sports competition. The main purpose of a charitable organization is to raise … Full Definition »
Law topic: Business Formation << Legal issue: Business Law
child
child is often referred to as a human younger than the age of majority. Age of majority varies from 16 to 21 depending on a country. For the purpose of estate planning, a Child includes a person entitled to take as a child under the state probate code by intestate succession from the parent whose relationship is involved, and excludes any person who is … Full Definition »
Law topic: Trusts & Estate Planning << Legal issue: Trusts & Estate Planning
child custody
Child custody is the right and duty to care for a minor child on a day-to-day basis and to make major decisions about the child. In sole custody arrangements, one parent takes care of the child most of the time and makes major decisions about the child. In joint custody arrangements, both parents share in making major decisions, and both parents also might … Full Definition »
Law topic: Divorce & Separation << Legal issue: Family Law
child support
A monthly payment, usually court-ordered, that a noncustodial parent must pay to cover his/her share of the cost of raising his/her child. The amount of child support is determined based on number of factors, such as income of parents, number of children, the age of the child, the financial resources and earning ability of the parent, and the value of … Full Definition »
Law topic: Divorce & Separation << Legal issue: Family Law
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a priori assumption
(ah-pree-ory) n. from Latin, an assumption that is true without further proof or need to prove it. It is assumed the sun will come up tomorrow. However, it has a negative side: an a priori assumption made without question on the basis that no analysis or study is necessary, can be mental laziness when the reality is not so certain. … Full Definition »
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Working With Contracts: What Law School Doesn't Teach You, 2nd Edition  (PLI's Corporate and Securities Law Library)Working With Contracts: What Law School Doesn't Teach You, 2nd Edition (PLI's Corporate and Securities Law Library)
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