CLAT (Common Law Admission Test) Legal-Aptitude Legal Terms Terms and Persons (Page 66 of 74)
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Support Trust
A trust giving order to trustee to spend only that much income for maintenance of property as is required for benfiting the beneficiary.
Suppress
To forgo the use of a proof as it is not proper or improperly obtained.
Surety Bond
A bond purchased from the income of estate to boost executor՚s proper performance
Survivorship
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
A temporary loss by the lawyer of right of practice.
Sustain
A court ruling accepting an objection.
Tangible Personal Property Memorandum (TPPM)
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
The body of government hearing cases of federal tax laws.