Courts

Courts

Industry: Legal services

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Courts

will

Legal services; Courts

A legal declaration that disposes of a person's property when that person dies.

trust

Legal services; Courts

A legal device used to manage real or personal property, established by one person (grantor or settlor) for the benefit of another (beneficiary).

joint and several liability

Legal services; Courts

A legal doctrine that makes each of the parties who are responsible for an injury, liable for all the damages awarded in a lawsuit if the other parties responsible cannot pay.

Tangible Personal Property Memorandum (TPPM)

Legal services; Courts

A legal document that is referred to in a will and used to guide the distribution of tangible personal property.

garnishment

Legal services; Courts

A legal proceeding in which a debtor's money, in the possession of another (called the garnishee) is applied to the debts of the debtor, such as when an employer garnishes a debtor's wages.