SPENDTHRIFT CLAUSE

A clause in a trust that limits the benefiary's ability to assign the rights to receive future income or payments from the trust in exchange for money in the present. As such, the beneficiary is unable to spend the assets of the trust quickly and squander it by selling the future cash flow. … [Read more...] about SPENDTHRIFT CLAUSE

A spendthrift is defined to be a person who by excessive drinking) gaming, idleness or debauchery of any kind, shall so spend, waste, or lessen his estate as to expose himself or his family to want or suffering, or expose the town to charge or expense, for support of himself or family. Law Dictionary - Alternative Legal Definition A person who by excessive drinking, gaming, … [Read more...] about SPENDTHRIFT

The art of putting the proper letters in words. 2. It is a rule that when it appears with certainty what is meant, bad spelling will not avoid a contract; for example, where a man agreed to pay thirty pounds, he was held bound to pay thirty pounds; and sentence was holden to be seventeen. … [Read more...] about SPELLING

A criminal defendant's right under the Sixth Amendment to be provided with a trial that is conducted without unnecessary or arbitrary delays. Law Dictionary - Alternative Legal Definition In criminal law. As secured by constitutional guaranties, a speedy trial means a trial conducted according to fixed rules, regulations, and proceedings of law, free from vexatious, capricious, … [Read more...] about SPEEDY TRIAL

An execution which by the direction of the judge at nisi prius issues forthwith or on some early day fixed upon by the Judge for that purpose after the trial of the action. Brown. … [Read more...] about SPEEDY EXECUTION