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A durable power of attorney that only comes into existence and effect at the time when the maker of the document becomes incapacitated. … [Read more...] about SPRINGING DURABLE POWER OF ATTORNEY

An interest in real property that will occur at a specified time or when a specified event occurs, e.g. an interest to arise upon the death of another person. … [Read more...] about SPRINGING INTEREST

estates. One to arise on a future event, when no preceding estate is limited, and does not take effect in derogation of any preceding interest. Example: a grant is made to A in fee, to the use of B in fee, after the fourth of July; no use arises till the limited period. The use in the mean time results to the grantor, who has a determinable fee. A springing use differs from a … [Read more...] about SPRINGING USE

A trust that provides a trustee with discretion on how to distribute the funds in a trust. … [Read more...] about SPRINKLING TRUST

civil law. He who intervenes for another voluntarily and without being requested. The engagement which he enters into is only accessory to the principal. See petitioner (immigration). For example, the sponsor for a work visa, the employer. Law Dictionary - Alternative Legal Definition A surety; one who makes a promise or gives security for another, particularly a godfather In … [Read more...] about SPONSOR