A trust that places limits or control mechanisms over the rights of trust beneficiaries, such as spendthrift trusts designed to prevent a beneficiary from wasting the principal of the trust, special needs trusts, for those who have a disability and sprinkling trusts, a trust allowing a trustee with the discretion on how to distribute trust proceeds. … [Read more...] about PROPERTY CONTROL TRUST
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PRONOTARY
An ancient word which signifies first notary. The same as prothonotary. … [Read more...] about PRONOTARY
PRONOUNCE
To utter formally, officially, and solemnly; to declare aloud and In a formal manner. In this sense a court is said to "pronounce" judgment or a sentence. See Ex parte Crawford, 36 Tex. Cr. R. 180, 36 8. W. 92. … [Read more...] about PRONOUNCE
PROLES
Lat. Offspring; progeny ; the issue of a lawful marriage. Proles sequitur sortem patemam. The offspring follows the condition of the father. Progeny, such issue as proceeds from a lawful marriage; and, in its enlarged sense, it signifies any children. … [Read more...] about PROLES
PROMISSOR
Latin: In the civil law. A promiser; properly the party who undertook to do a thing in answer to the interrogation of the other party, who was called the "stipulator." … [Read more...] about PROMISSOR