principles. Unlike the common law remedy of damages‚ they are not punitive in either nature or intent. Equitable remedies refer to specific types of remedies available in court cases that can only be granted by a judge. A judge will grant‚ or not grant‚ a given equitable remedy based on the circumstances of a particular case. As such‚ equitable remedies are different from legal remedies or remedies granted by operation of law. When a remedy is granted by operation of law‚ the law essentially mandates that
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Constitutional Laws Constitutional law is the branch of law relates the relationship between the judiciary‚ the legislature‚ and the executive. Constitutional law is responsible for setting out the government’s general operating framework. Constitutional laws usually determine the scope of the terms contained in constitutions‚ and their applications. Constitutional laws cover various areas of law‚ such as individual rights‚ relationships between various bodies of governments‚ legislative
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surrender and similar endings‚C3 End of an option to acquire shares Bringing a CGT asset into existence- D1Creating contractual or other rights‚ D2 Granting an option Trusts- E1- Creating a trust over a CGT asset‚ E2- Transferring a CGT asset to a trust E4 capital payment for trust intrestE5 Beneficiary becoming entitled to a trust assetE6 Disposal to beneficiary to end income rightE7 Disposal to beneficiary to end capital interestE8 Disposal by beneficiary of capital interest Leases- F1 Granting
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with a new client who wants an estate plan prepared‚ but is a bit vague as to what should be included in that plan. Quite frequently‚ the initial conversation begins with the client saying something like‚ "I would like a will... or should I have a trust? Do I need anything else?" Actually‚ those are good questions to begin a discussion. Most folks recognize that their estate plan should provide for the distribution of their assets upon their death. That‚ of course‚ is an essential element of an estate
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Langdale - To be valid as a trust there must be: a) Certainty of intention to create a trust – Is a trust intended as a q. of fact? b) Certainty of subject-matter – What property is to be subject to the trust and what are the beneficial interests? c) Certainty of objects – Who are the beneficiaries of the trust? (charitable trusts do not need to satisfy this requirement) * Why are these requirements necessary? * The essential elements of the trust relationship must be defined
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I think there has been many things that’s contributed to the decline in public trust‚ as it related to law enforcement. Similar to the citizens losing trust in law enforcement‚ we have also seen this in politicians‚ the government‚ NFL‚ etc. I believe these things go in phases. It only takes one incident for people to lose faith in a process or trust in a group. For example‚ one incident on United Airlines last week has caused them to lose 100’s of millions of dollars in stocks and airfare. In addition
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If my niece‚ SUSAN B. JOHNSON‚ is not living on the thirtieth day after my death‚ I give and devise her share of my estate‚ to her issues in equal shares per stirpes. ARTICLE IV I nominate and appoint‚ NATHAN T. BROWN‚ as trustee of all trusts created hereunder. If he is unwilling‚ unable‚ or ceases to serve as trustee‚ JOHN G. STEPANOPAWITZ shall serve as successor trustee‚ and if the successor trustee or any other trustee is unwilling‚ unable‚ or ceases to serve as trustee‚ PETER H. FRAMPTON
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be used to perpetuate family values and protect assets for the benefit of future generations. Estate planning also helps reducing taxes by having a better understanding on specific perks‚ like gift taxes‚ charity give away‚ appreciated stocks‚ and trust benefits. There are four distinct objectives of a proper estate plan. Many times a plan is perceived as only having one‚ or possibly two‚ of those objectives. Since there may be different specialists involved in the Estate Planning process‚ such
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Assignment 3: Corporate Governance and Ethical Responsibility Research Paper. P223- Due Week 6 and worth 250 points Dr. DoRight has recently been hired as the President of the “Universal Human Care Hospital”‚ where he oversees all departments with over 5‚000 employees and over 20‚000 patients at the medical facility. He has been provided with a broad set of duties and oversight of numerous departments‚ including business development‚ customer services‚ human resources‚ legal‚ patient advocacy
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Strengthening trust between Consumers and Traders The majority of today’s consumers can no longer be defined as vulnerable beings that need constant protection while shopping for their everyday needs. Consumers have become generally conscious that they have legal rights and most important are aware that no one can take them for a ride and get away with it. If a trader does not play fair during a business transaction there is a price to be paid. First of all consumers may opt to seek redress through
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