CLAT (Common Law Admission Test) Legal-Aptitude Legal Terms Terms and Persons (Page 66 of 74)

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Support Trust

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A trust giving order to trustee to spend only that much income for maintenance of property as is required for benfiting the beneficiary.

Suppress

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To forgo the use of a proof as it is not proper or improperly obtained.

Surety Bond

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A bond purchased from the income of estate to boost executor՚s proper performance

Survivorship

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Two persons co-owning a property. On death of one, the property transfers entirely to the other. He becomes sole owner of the property.

Suspension

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A temporary loss by the lawyer of right of practice.

Sustain

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A court ruling accepting an objection.

Tangible Personal Property Memorandum (TPPM)

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A legal document which is a part of will and distribution of tangible assests is given in this document.

Tax Court of the United States

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The body of government hearing cases of federal tax laws.