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Shall and will. Shall. and. will. Shall and will are two of the English modal verbs. They have various uses, including the expression of propositions about the future, in what is usually referred to as the future tense of English. Historically, prescriptive grammar stated that, when expressing pure futurity (without any additional meaning such ...
v. t. e. A will and testament is a legal document that expresses a person's (testator) wishes as to how their property (estate) is to be distributed after their death and as to which person (executor) is to manage the property until its final distribution. For the distribution (devolution) of property not determined by a will, see inheritance ...
The English modal auxiliary verbs are a subset of the English auxiliary verbs used mostly to express modality, properties such as possibility and obligation. [a] They can most easily be distinguished from other verbs by their defectiveness (they do not have participles or plain forms [b]) and by their lack of the ending ‑(e)s for the third-person singular.
Modal verb. A modal verb is a type of verb that contextually indicates a modality such as a likelihood, ability, permission, request, suggestion, order, obligation, necessity, possibility. Modal verbs generally accompany the base (infinitive) form of another verb having semantic content. [1] In English, the modal verbs commonly used are can ...
t. e. A power of appointment is a term most frequently used in the law of wills to describe the ability of the testator (the person writing the will) to select a person who will be given the authority to dispose of certain property under the will. Although any person can exercise this power at any time during their life, its use is rare outside ...
Memorandum of understanding. A memorandum of understanding (MoU) is a type of agreement between two (bilateral) or more (multilateral) parties. It expresses a convergence of will between the parties, indicating an intended common line of action. [1] It is often used either in cases where parties do not imply a legal commitment or in situations ...
A resulting trust is implied by the law to work out the presumed intentions of the parties, but it does not take into consideration their expressed intent. A constructive trust [13] is a trust implied by law to work out justice between the parties, regardless of their intentions. Common ways in which a trust is created include:
Legal instrument is a legal term of art that is used for any formally executed written document that can be formally attributed to its author, [1] records and formally expresses a legally enforceable act, process, [2] or contractual duty, obligation, or right, [3] and therefore evidences that act, process, or agreement. [4][5] Examples include ...