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Glossary

  1. Acknowledgment of Service
  2. Administrator
  3. Advancement
  4. Alternative Dispute Resolution
  5. Annual Meeting
  6. Annuity
  7. Answer
  8. Arbitration
  9. Articles of Incorporation
  10. Assets
  11. Assignment
  12. Assignment of Wages
  13. Authorized Shares
  14. Beneficiary
  15. Bequeath
  16. Bequest
  17. Business Entity
  18. Bylaws
  19. C Corporation
  20. Certificate of Authority
  21. Certificate of Incorporation
  22. Charitable Corporation
  23. Charter
  24. Close Corporation
  25. Co-Petitioner
  26. Codicil
  27. Collective Mark
  28. Common Stock
  29. Community Debts
  30. Community Property
  31. Complaint
  32. Consent Agreement
  33. Copyright
  34. Copyright Infringement
  35. Corporation
  36. Corpus
  37. Covenant Marriage
  38. Custodial Parent
  39. Custodian
  40. DBA
  41. Decedent
  42. Decree
  43. Default
  44. Defendant
  45. Descendant
  46. Devise
  47. Devisee
  48. Directors
  49. Disclosure
  50. Discovery
  51. Dissolution
  52. Dividend
  53. Docket
  54. Domestic Corporation
  55. Durable Power of Attorney
  56. EIN
  57. Employer Identification Number
  58. Entity
  59. Equitable Distribution
  60. Estate
  61. Estate Tax
  62. Executor
  63. Fault Divorce
  64. Fiscal Year
  65. Foreign Corporation
  66. Foreign National
  67. Grantor
  68. Grounds
  69. Guardian
  70. Guardian ad-Litem
  71. Health Care Directive
  72. Health Care Power of Attorney
  73. Health Care Proxy
  74. Heir
  75. Holographic Will
  76. Immigrant Visa
  77. Incorporator
  78. Inheritance Tax
  79. Infringement
  80. Intellectual Property
  81. Inter Vivos Trust
  82. Interment
  83. Intestate
  84. Intestate Succession
  85. Irrevocable Living Trust
  86. Joint and Survivor Annuity
  87. Joint Life Annuity
  88. Joint Tenancy with Right of Survivorship
  89. Judgment
  90. Lease
  91. Legal Custody
  92. Legal Grounds
  93. Legal Separation
  94. Legatee
  95. Lessee
  96. Lessor
  97. Limited Liability Company
  98. Limited Liability Partnership
  99. Limited Partnership
  100. Living Trust
  101. Living Will
  102. LLC
  103. Manager
  104. Mandatory Wage Assignment
  105. Marital Property
  106. Mediator
  107. Minutes
  108. Month-to-Month
  109. Motion
  110. National
  111. Naturalization
  112. Nisi
  113. No-fault
  114. Non-Custodial Parent
  115. Non-Immigrant Visa
  116. Non-Profit Corporation
  117. Nuncupative Will
  118. Officer
  119. Operating Agreement
  120. Order of Assignment
  121. Order to Show Cause
  122. Par Value
  123. Parent Corporation
  124. Parenting Plan
  125. Partner Support
  126. Partnership
  127. Party
  128. Patent
  129. Per Capita Distribution
  130. Per Stirpes
  131. Periodic Tenancy
  132. Petition
  133. Petitioner
  134. Physical Custody
  135. Plaintiff
  136. Post Nuptial Agreement
  137. Power of Attorney
  138. Preferred Stock
  139. Premarital Agreement
  140. Prenuptial Agreement
  141. Pro Per
  142. Pro Se
  143. Probate
  144. Process Server
  145. Professional Corporation
  146. Professional Limited Liability Company
  147. Proxy
  148. Public Corporation
  149. QDRO
  150. Qualified Domestic Relations Order
  151. Quorum
  152. Real Property
  153. Registered Agent
  154. Registered Office
  155. Residency
  156. Resident Witness
  157. Residuary
  158. Respondent
  159. Response
  160. Revocable Living Trust
  161. S Corporation
  162. Self-Proving Affidavit
  163. Separate Debt
  164. Separate Property
  165. Separation
  166. Service
  167. Service Mark
  168. Settlement Agreement
  169. Settlor
  170. Share
  171. Single Life Annuity
  172. Sole Proprietorship
  173. Spousal Maintenance
  174. Spousal Support
  175. Statutory Agent
  176. Stock
  177. Stock Certificate
  178. Subleasing
  179. Subsidiary Corporation
  180. Successor Trustee
  181. Summons
  182. Tenancy
  183. Tenancy in Common
  184. Tenant
  185. Testament
  186. Testamentary
  187. Testamentary Trust
  188. Testate
  189. Testate Succession
  190. Testator
  191. Trademark
  192. Trust
  193. Trustee
  194. Trustor
  195. Unconscionable
  196. Uncontested Divorce
  197. Undue Influence
  198. Unlawful Detainer
  199. Verification
  200. Visa
  201. Visitation
  202. Will
  203. Witness



  1. Acknowledgment of Service
    A document that a person receiving legal papers must sign. By signing, the person acknowledges to the court that he or she has received the papers.
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  2. Administrator
    Someone assigned to straighten out the estate of a person who died without a will.
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  3. Advancement
    When someone without a will gives something to an heir with the intention that such a gift will be subtracted from what the heir will receive after the person dies. For example, imagine John, who has no will, gives $10,000.00 to his son as an advancement. He then dies and leaves an estate worth $100,000.00. When distributions are being made from the estate in probate, the estate will essentially be worth $110,000.00 and John's son will have already received $10,000.00 of whatever he would have received.
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  4. Alternative Dispute Resolution
    A process by which parties in a court case are helped in working out their issues without having to go to a trial.
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  5. Annual Meeting
    A meeting at which a corporation's shareholders gather and vote on important issues such as the election of directors.
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  6. Annuity
    A type of retirement account that allows you to withdraw money on some set periodic schedule during retirement.
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  7. Answer
    The answer is a written response to the Petition or the Complaint. Generally it explains whether or not the person filing agrees or disagrees with what was said in the Complaint. In some cases an answer is called a response.
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  8. Arbitration
    A method of resolving disputes without going to court. Typically, arbitration involves a neutral third party selected by the persons making the dispute. The third party makes a decision regarding the case. The decision is often, though not always, final and binding.
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  9. Articles of Incorporation
    A document filed with the state that describes a new corporation. It usually includes the name of the corporation, the type of business in which the corporation is engaged, names of directors and/or officers, and the number of stocks available to the company. Articles of incorporation are sometimes referred to as certificates of incorporation or charters.
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  10. Assets
    Something owned that has value. This includes items that a person, couple, or business owns such as a house, car, jewelry, furniture, etc. Assets can also include less tangible things such as an ownership interest in a business, debts that someone owes you, or intellectual property.
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  11. Assignment
    Transfer of rights to something to someone else. For example, assume Person A signs a contract with Person B where Person B should be paid $100.00. Before the contract is completed, Person B assigns his rights to Person C. Person C is now entitled to receive the $100.00.
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  12. Assignment of Wages
    An order that directs an employer to withdraw a certain amount of someone's paycheck as payment for child support or spousal support. An Assignment of Wages is sometimes also referred to as an Order of Assignment or a Mandatory Wage Assignment.
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  13. Authorized Shares
    The maximum number of stock shares a corporation is allowed to sell. The number is generally outlined in the articles of incorporation.
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  14. Beneficiary
    A person that receives something from someone else (such as through a will or a trust).
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  15. Bequeath
    The act of giving someone something in a will.
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  16. Bequest
    An act giving someone something in a will.
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  17. Business Entity
    A business that exists separately from its owners. For legal and tax purposes the business is generally treated as a separate person. Examples of business entities include limited liability companies, corporations, sole proprietorships, etc.
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  18. Bylaws
    A set of rules that guides how a corporation must behave internally.
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  19. C Corporation
    A corporation that is taxed separately from its shareholders. It is named a C corporation after subsection C of the Internal Revenue Service Code.
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  20. Certificate of Authority
    A document issued by a state that allows an out-of-state corporation to do business in that state.
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  21. Certificate of Incorporation
    A document filed with the state that describes a new corporation. It usually includes the name of the corporation, the type of business in which the corporation is engaged, names of directors and/or officers, and the number of stocks available to the company. Articles of incorporation are sometimes referred to as articles of incorporation or charters.
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  22. Charitable Corporation
    A non-profit corporation. Charitable corporations receive tax benefits not ordinarily available to corporations.
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  23. Charter
    A document filed with the state that describes a new corporation. It usually includes the name of the corporation, the type of business in which the corporation is engaged, names of directors and/or officers, and the number of stocks available to the company. Articles of incorporation are sometimes referred to as certificates of incorporation or articles of incorporation.
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  24. Close Corporation
    A corporation that does not freely sell stocks and has only a few shareholders.
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  25. Co-Petitioner
    In divorce cases, a small number of courts refer to the Respondent as the “Co-Petitioner” if the two spouses file the Petition jointly.
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  26. Codicil
    A document that supplements or changes an existing will.
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  27. Collective Mark
    A trademark used by an association, cooperative, union or similar group.
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  28. Common Stock
    Shares of a corporation that are sold to raise money. The shares generally give the owner an interest in the company proportional to the number of shares owned.
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  29. Community Debts
    Debts that were incurred during a marriage and that both spouses are responsible for repaying.
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  30. Community Property
    Property that the husband and wife get during their marriage. They each have rights to half of the property if they got married in a community property state. Some states divide property at the end of a marriage based on community property, or the idea that property acquired during the marriage should be divided equally. Other states use equitable distribution.
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  31. Complaint
    This is generally the first document filed in a court case. It tells the court that something is wrong and asks that the court fix it by doing something, such as granting a divorce or entering a judgment against someone.
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  32. Consent Agreement
    An agreement signed by both parties outlining how property will be divided and any issues regarding children will be resolved. Typically, consent agreements must be approved by a judge before their terms go into effect.
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  33. Copyright
    The right of an owner of a work (such as a book, a movie, a song, a painting, a computer program, etc.) to copy or sell the work to others.
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  34. Copyright Infringement
    Copying, using, or selling someone else's copyright protected work without the owner's permission.
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  35. Corporation
    A business that is treated as a separate person from its owners and has the ability to sell shares of ownership (stocks) in the company to raise money.
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  36. Corpus
    The thing that a trust is formed around. For example, if a house was placed into a trust for your child until the child reaches adulthood, the house is the corpus.
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  37. Covenant Marriage
    A covenant marriage is a modern concept in marriage that essentially imposes fault back into no-fault marriages. In a covenant marriage, if the husband and wife wish to divorce, they must show a reason other than that they simply don't want to live together. Only Arkansas, Arizona, and Louisiana offer covenant marriages.
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  38. Custodial Parent
    The parent that has physical custody of a child.
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  39. Custodian
    A person that has physical custody of a child.
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  40. DBA
    (“Doing Business As”) This is a document filed with the government that allows a business to do business under a name other than the name under which it was organized. For example, if a company was formed with the name ABC, Inc., a DBA might allow it to sell products under the name The XYZ Company.
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  41. Decedent
    A person that has passed away.
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  42. Decree
    This is an order from a judge. It is sometimes also called a judgment or an order.
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  43. Default
    When one party in a court case says nothing in response to whatever is being said and the court consequently rules based on the information it has. For example, if a wife files a petition for divorce, and the husband doesn't file anything in response to the petition, the court might grant a default divorce based on what the wife has stated in her petition.
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  44. Defendant
    The defendant is the person against whom a case is filed. For example, if A sues B, B is the defendant. The Defendant continues to be called the Defendant throughout the entire life of the court case. In divorce cases, the defendant is the spouse that did not file the initial paperwork. Some jurisdictions refer to the Defendant as the Respondent for certain cases
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  45. Descendant
    Someone who was born after another person and in that person's family line. For example, your children and your grandchildren are all your descendants.
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  46. Devise
    Giving something to someone (usually real property) by using a will
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  47. Devisee
    A person getting property left in a will.
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  48. Directors
    A group of persons elected by a corporation's shareholders to make important decisions regarding the company.
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  49. Disclosure
    Revealing information to the other party in a court case. Most jurisdictions require that in a court case, each side disclose to the other any information relevant to the case. For example, in divorce cases, this might include hidden assets, a spouse's increase in income during the court case, children born in other relationships, etc.
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  50. Discovery
    This is a period during a court case when each side is permitted to do research about their case. Courts typically allow each side to engage in a limited number of research methods such as demanding documents from the other side, asking the other side questions, interviewing witnesses, etc. Some courts do not allow discovery for certain types of cases. For example, there may be no need for discovery in a completely uncontested divorce case.
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  51. Dissolution
    1) In divorce cases: This is the legal term for a divorce. Dissolution is the “dissolving” of a partnership or contract, or the dissolving of the marital partnership/marital contract. 2) In incorporation: Ending the life of a business such as a corporation or a limited liability company.
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  52. Dividend
    Profits paid out to shareholders of a corporation.
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  53. Docket
    The list of all of the notes and files in a court case.
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  54. Domestic Corporation
    A corporation operating in the same state in which it was formed.
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  55. Durable Power of Attorney
    A power of attorney that stays in effect as long as the person that granted it remains incapacitated.
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  56. EIN
    (“Employer Identification Number”) An identification number assigned to a business used for purposes of taxation.
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  57. Employer Identification Number
    An identification number assigned to a business used for purposes of taxation.
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  58. Entity
    A business that exists separately from its owners. For legal and tax purposes the business is generally treated as a separate person. Examples of business entities include limited liability companies, corporations, sole proprietorships, etc.
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  59. Equitable Distribution
    Where the court divides property at the end of a marriage fairly, but not necessarily equally. Some states divide property by equitable distribution. Other states divide property with a community property system.
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  60. Estate
    Everything a person owns, including property and debts.
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  61. Estate Tax
    A tax that must be paid on property received from someone else's estate after they die. Estate taxes are sometimes also called inheritance taxes.
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  62. Executor
    A person that makes sure a will is carried out after someone passes away.
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  63. Fault Divorce
    A divorce in which the husband and wife must show the court that one of them did something to the other to cause the divorce (such as cheat on, abuse, or abandon the spouse). All states currently allow no-fault divorce, however, many states still allow divorces based on fault.
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  64. Fiscal Year
    The year during which a business is taxed. Fiscal years do not have to coincide with calender years. For example, a corporation might have a fiscal year running from April 1 to March 31.
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  65. Foreign Corporation
    A corporation operating in a different state than the one in which it was formed.
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  66. Foreign National
    A foreign person.
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  67. Grantor
    The person that places property into a trust. Grantors are often also called settlors or trustors.
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  68. Grounds
    This is the legal reason a court is allowed to do something. Most American courts generally cannot just order something because they feel like it. They must demonstrate legal grounds in order to enter a judgment. In divorce cases, for example, some states require that the couple demonstrate that one spouse was cheating, had abandoned the family, is a drug addict, or that the couple is completely incompatible before a divorce order can be entered. Such a finding would be the grounds for the divorce.
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  69. Guardian
    Someone appointed by the court to care for another person (such as a child) and make decisions regarding that person's welfare.
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  70. Guardian ad-Litem
    A person appointed by a court to represent a child (or incompetent person) in court. A Guardian ad-Litem is usually an attorney.
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  71. Health Care Directive
    A document that reflects a person's wishes in the event that he or she is incapacitated. Health care directives usually include health care powers of attorney and/or living wills.
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  72. Health Care Power of Attorney
    A power of attorney regarding medical decisions that stays in effect as long as the person that granted it remains incapacitated. A health care power of attorney is a kind of durable power of attorney. Health care power of attorneys are sometimes called health care proxies.
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  73. Health Care Proxy
    A power of attorney regarding medical decisions that stays in effect as long as the person that granted it remains incapacitated. A health care proxy is a kind of durable power of attorney. Health care proxies are sometimes called health care power of attorneys.
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  74. Heir
    A person that receives something from the estate of a deceased person.
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  75. Holographic Will
    A will that is entirely handwritten.
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  76. Immigrant Visa
    A type of visa that allows a person to permanently live in the United States.
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  77. Incorporator
    The person that registers and organizes a corporation with the government.
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  78. Inheritance Tax
    A tax that must be paid on property received from someone else's estate after they die. Inheritance taxes are sometimes also called estate taxes.
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  79. Infringement
    Copying, using, or selling someone else's copyright protected work, patented design, or registered trademark without the owner's permission.
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  80. Intellectual Property
    Property that is not tangible. This primarily includes copyrights, patents, and trademarks.
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  81. Inter Vivos Trust
    A trust that is set up and takes effect while the person that set it up (the grantor) is still alive. An inter vivos trust is often called a living trust.
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  82. Interment
    Burial
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  83. Intestate
    Dealing with someone who has died without a will.
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  84. Intestate Succession
    The legal process through which a person's estate is distributed when that person died without a will.
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  85. Irrevocable Living Trust
    A trust that cannot be canceled by the person that set it up (the grantor).
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  86. Joint and Survivor Annuity
    A kind of annuity that allows the person that set up the annuity along with another person (usually a spouse) to receive set payments for the remainder of their lives. A joint and survivor annuity is sometimes also called a joint life annuity.
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  87. Joint Life Annuity
    A kind of annuity that allows the person that set up the annuity along with another person (usually a spouse) to receive set payments for the remainder of their lives. A joint life annuity is sometimes also called a joint and survivor annuity.
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  88. Joint Tenancy with Right of Survivorship
    A way in which two or more people can own something in equal shares (usually real property). If any of the owners dies, then the deceased owner's share of the property is given to the other owners. This is often referred to as Joint Tenancy for short.
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  89. Judgment
    This is an order from a judge. It is sometimes also called a decree or an order.
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  90. Lease
    A contract that allows one person to use the property of another for a certain amount of time.
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  91. Legal Custody
    This is the ability to make decisions regarding a child's rights, such as where the child will go to school, what doctors they will see, etc. Legal custody is different from physical custody.
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  92. Legal Grounds
    This is the legal reason a court is allowed to do something. Most American courts generally cannot just order something because they feel like it. They must demonstrate legal grounds in order to enter a judgment. In divorce cases, for example, some states require that the couple demonstrate that one spouse was cheating, had abandoned the family, is a drug addict, or that the couple is completely incompatible before a divorce order can be entered. Such a finding would be the grounds for the divorce.
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  93. Legal Separation
    When the court acknowledges that a husband and a wife live apart without actually getting a divorce. The only difference between a legal separation and a separation is the court's recognition of the separation.
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  94. Legatee
    A person that receives something from a will. Legatees are often called beneficiaries.
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  95. Lessee
    A person allowed to use the property of another because of a lease.
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  96. Lessor
    A person (typically an owner) who allows another person to use property by means of a lease.
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  97. Limited Liability Company
    A company registered with the state that creates a buffer in liability between the owners and the company.
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  98. Limited Liability Partnership
    A partnership in which each partner has liability only for his or her own actions.
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  99. Limited Partnership
    A partnership consisting of “limited partners” and “general partners”. The general partners run the company and are liable for debts incurred by the company. The limited partners do not manage the company and do not have liability beyond their investment into the company.
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  100. Living Trust
    A trust that is set up and takes effect while the person that set it up (the grantor) is still alive. A living trust is often called an inter vivos trust.
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  101. Living Will
    A document that allows a person to declare that if he is incapacitated, what he would like to have happen to him. For example, the document might specify that you do not want to be on life support or that you would like a particular type of treatment.
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  102. LLC
    (“Limited Liability Company”) A company registered with the state that creates a buffer in liability between the owners and the company.
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  103. Manager
    A person selected by the members of a limited liability company to run the company.
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  104. Mandatory Wage Assignment
    An order that directs an employer to withdraw a certain amount of someone's paycheck as payment for child support or spousal support. A Mandatory Wage Assignment is sometimes also referred to as Assignment of Wages or an Order of Assignment.
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  105. Marital Property
    Property acquired by a husband and wife during a marriage. This usually does not include gifts or inheritances to a single spouse.
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  106. Mediator
    This is a person that meets with two parties and helps them to work out a resolution both sides can agree on. Mediators are not judges and do not have the power to force you to do anything. Some jurisdictions require that each side in a case meet with a mediator before being allowed to pursue the case.
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  107. Minutes
    A record of the discussion in a corporate meeting.
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  108. Month-to-Month
    When a tenant occupies a residence without a set time on a lease. Law generally defaults to measurement of the tenancy in periods of one month at a time. At the end of each month, terms of the agreement can be changed by either the tenant or the landlord. For example, in a month-to-month arrangement, the landlord can generally change the rent amount with thirty days notice. Conversely, tenants can vacate the residence with thirty days notice.
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  109. Motion
    A request that the court do something. Motions can typically be written, or can be made orally in front of a judge.
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  110. National
    A foreign person.
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  111. Naturalization
    The process in which a foreign-born person becomes a United States citizen.
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  112. Nisi
    A ruling by the court without input from one of the people involved in a case. The ruling is generally set on a temporary basis.
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  113. No-fault
    A divorce in which the husband and wife are allowed to separate simply because they can no longer live together.
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  114. Non-Custodial Parent
    The parent that does not have physical custody of a child.
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  115. Non-Immigrant Visa
    A type of visa that allows a person to enter the United States temporarily and for some specific purpose.
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  116. Non-Profit Corporation
    A corporation formed for some reason other than to make money. Non-profit corporations are given tax benefits by the IRS.
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  117. Nuncupative Will
    A will that is spoken to someone just before death. Most states will not honor nuncupative wills.
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  118. Officer
    A person elected by the directors of a corporation to run the affairs of the company.
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  119. Operating Agreement
    A document signed by each of the members of a limited liability company which contains internal rules regarding the operation of the company.
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  120. Order of Assignment
    An order that directs an employer to withdraw a certain amount of someone's paycheck as payment for child support or spousal support. An Order of Assignment is sometimes also referred to as Assignment of Wages or a Mandatory Wage Assignment.
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  121. Order to Show Cause
    An order issued by the court demanding that one party appear before the court and explain why they have done or are not doing something.
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  122. Par Value
    The minimum value for which a stock can sell when it is initially sold.
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  123. Parent Corporation
    A corporation that controls another corporation usually through ownership of a significant number of shares.
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  124. Parenting Plan
    A document that lists out how parents will share and manage issues related to custody and visitation.
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  125. Partner Support
    Money that is paid to a domestic partner after (and/or during) a divorce. It is sometimes called alimony, except that partner support deals specifically with domestic partners.
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  126. Partnership
    A business formed by two or more people that agree to work together. Partnerships do not typically need to be registered with the state to be valid, however, the partners generally bear full liability for their actions.
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  127. Party
    Someone directly involved in a case. This typically includes the Petitioner and Respondent (or Plaintiff and Defendant).
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  128. Patent
    A right to make, use, or sell an invention.
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  129. Per Capita Distribution
    Dividing something equally between several people.
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  130. Per Stirpes
    Dividing up property between several descendants of a deceased person.
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  131. Periodic Tenancy
    Right to occupy a property for a set period of time. Periodic tenancies are usually measured month-to-month or year-to-year.
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  132. Petition
    This is a request to the court to do something, such as grant a divorce or get a name change. It is generally the first thing filed in a case. Some states call it a complaint in divorce cases.
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  133. Petitioner
    The person that filed the first pleading (generally called a “Petition” in a divorce case). The Petitioner continues to be called the Petitioner throughout the entire life of the court case. Some jurisdictions refer to the Petitioner as the Plaintiff.
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  134. Physical Custody
    This addresses who the children will live with and stay with. Although some courts merge the two by saying “custody”, physical custody is different from legal custody.
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  135. Plaintiff
    The person that filed the first pleading (generally called a “Petition” or a “Complaint” in a divorce case). The Plaintiff continues to be called the Plaintiff throughout the entire life of the court case. Some jurisdictions refer to the Plaintiff as the Petitioner.
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  136. Post Nuptial Agreement
    A document signed by two persons after getting married that addresses issues regarding property rights and money in the event of a death of one of the spouses or divorce. Post nuptial agreements are different from prenuptial agreements only in that they are signed after a couple gets married.
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  137. Power of Attorney
    A document authorizing someone to act on another person's behalf with regard to a specific issue.
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  138. Preferred Stock
    Stock that receives dividend payments prior to payments made to common stock shareholders.
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  139. Premarital Agreement
    A document signed by two persons planning to get married that addresses issues regarding property rights and money in the event of a death of one of the spouses or divorce. Premarital agreements are sometimes called prenuptial agreements.
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  140. Prenuptial Agreement
    A document signed by two persons planning to get married that addresses issues regarding property rights and money in the event of a death of one of the spouses or divorce. Prenuptial agreements are sometimes called premarital agreements.
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  141. Pro Per
    A person representing him or herself without a lawyer. Sometimes also called Pro Se.
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  142. Pro Se
    A person representing him or herself without a lawyer. Sometimes also called Pro Per.
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  143. Probate
    The process in which a deceased person's estate is divided up.
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  144. Process Server
    This is a person that serves (or gives) legal documents to another person in a court case. Process servers are usually required to give an opposing party certain documents because the court wants to see that a neutral third party let the person know they were being sued.
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  145. Professional Corporation
    A corporation formed for a business that requires a license, such as that of a doctor or a lawyer.
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  146. Professional Limited Liability Company
    A limited liability company formed for a busines that requires a license, such as that of a doctor or a lawyer.
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  147. Proxy
    The authority to vote on behalf of another person that is allowed to vote. For example, if a corporate shareholder could not attend a meeting where a vote was being held, he could allow his friend to vote for him by proxy.
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  148. Public Corporation
    A corporation that freely sells stock shares to the general public.
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  149. QDRO
    (“Qualified Domestic Relations Order”) A court order allowing the transfer of retirement funds from one spouse to the other.
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  150. Qualified Domestic Relations Order
    A court order allowing the transfer of retirement funds from one spouse to the other. Qualified domestic relations orders are usually called QDRO's.
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  151. Quorum
    The minimum number of people that must be present to hold a meeting.
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  152. Real Property
    Real estate such as your home, land, or investment properties.
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  153. Registered Agent
    A person designated by a business to accept legal documents on behalf of the business. Registered agents are sometimes called statutory agents.
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  154. Registered Office
    The location at which the registered agent is located.
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  155. Residency
    The state you live in. All states have certain requirements regarding how long you have lived in their state (and sometimes county) before you can file certain documents.
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  156. Resident Witness
    A person that will swear that someone else (usually one of the parties in a divorce case) has lived in the state for a certain amount of time
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  157. Residuary
    Property remaining in a trust or a will after all specific property has been given away. For example, if Aunt Joan wrote a will that left her necklace to Sarah and the rest of her property to John, then John is receiving the residuary of the will.
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  158. Respondent
    The party that did not file the initial paperwork or that is “responding” to whatever was first filed with the court. The Respondent continues to be called the Respondent throughout the entire life of the court case. Some jurisdictions refer to the Respondent as the Defendant for certain cases.
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  159. Response
    The response is a written answer to the Petition or the Complaint. Generally it explains whether or not the person filing agrees or disagrees with what was said in the Complaint. In some cases a response is called an answer.
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  160. Revocable Living Trust
    A trust that can be canceled by the person that set it up (the grantor).
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  161. S Corporation
    A corporation that is not taxed separately from its shareholders. S corporations are generally prohibited from selling more than a small number of shares.
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  162. Self-Proving Affidavit
    A document attached to a will that is signed and notarized by the person writing the will and the witnesses. Because wills are typically not notarized, a self-proving affidavit allows the testator to notarize the will. Having the will notarized helps to eliminate disputes after death as to whether or not the testator actually signed the will.
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  163. Separate Debt
    Debt that is owed by only one spouse and not the other. This generally includes any debt that was acquired before the marriage.
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  164. Separate Property
    Property that belongs only to the husband or the wife. This usually includes property that was acquired before the marriage or property that was given as a gift to or was inherited by one spouse.
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  165. Separation
    When a husband and a wife live apart without actually getting a divorce. Generally separation refers to a separation without the court's approval, however, it may also be used to refer to a legal separation.
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  166. Service
    This is the giving of documents to an opposing party in a court case.
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  167. Service Mark
    A word, symbol, logo, or image, that represents the sale of services.
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  168. Settlement Agreement
    This is an agreement in a court case between the two sides that lists how the two have agreed to end the case.
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  169. Settlor
    The person that places property into a trust. Settlors are often also called trustors or grantors.
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  170. Share
    A piece of ownership in a corporation. Shares are typically reflected by stock certificates.
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  171. Single Life Annuity
    An annuity that pays a set amount of money to the retiree for the duration of his or her life.
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  172. Sole Proprietorship
    A business owned by a person that has all the liability and owns all the assets.
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  173. Spousal Maintenance
    Money that is paid to a spouse after (and/or during) a divorce. It is sometimes called alimony or spousal support.
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  174. Spousal Support
    Money that is paid to a spouse after (and/or during) a divorce. It is sometimes called alimony or spousal maintenance.
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  175. Statutory Agent
    A person designated by a business to accept legal documents on behalf of the business. Statutory agents are sometimes called registered agents.
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  176. Stock
    The ownership rights to a corporation. Stock is divided into shares.
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  177. Stock Certificate
    A document evidencing ownership of shares in a corporation.
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  178. Subleasing
    When a person entitled to property under a lease, leases that property to another.
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  179. Subsidiary Corporation
    A corporation owned by another corporation.
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  180. Successor Trustee
    The person that becomes a trustee if the trustee is no longer able or willing to serve as trustee.
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  181. Summons
    A document stamped by a court clerk that demands that someone appear in court.
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  182. Tenancy
    A right to occupy real estate.
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  183. Tenancy in Common
    A way that two or more people can own property. If one of the owners dies, his share of the property will pass to his heirs.
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  184. Tenant
    A person that occupies a residence with the permission of the owner.
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  185. Testament
    A document that describes how a person wants his or her estate distributed when they pass away. A testament is sometimes also called a will.
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  186. Testamentary
    Dealing with a will or testament.
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  187. Testamentary Trust
    A trust established by a will. Testamentary trusts are usually done for the benefit of children. For example, if John Doe died, he might place a house into a testamentary trust. Another person would then take care of the house until John Doe's child became an adult.
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  188. Testate
    Dealing with someone that dies with a will.
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  189. Testate Succession
    The legal process through which a person's estate is distributed when that person died with a will.
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  190. Testator
    A person who has died and left a will.
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  191. Trademark
    A word, symbol, logo, or image, that represents the sale of goods or services. Technically a trademark only references the mark representing goods. A service mark represents services. However, the term “trademark” is commonly used to reference both trademarks and service marks.
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  192. Trust
    A trust holds property that was owned by a person (the trustor) is managed by a third party (the trustee) for the benefit of someone else (a beneficiary). So for example, imagine John Doe, the trustor, owns a piece of property. He places it into a trust. Jane Doe, the trustee, takes care of the property. When John Doe dies, the property is given to Johnny Doe, the beneficiary and John Doe's son. Different events can trigger the transfer of property from a trust to a beneficiary. Amongst the most common is the trustor's death.
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  193. Trustee
    Someone appointed to take care of property for the beneficiary of a trust. For example, if a trust was set up to hold a house for a child, the trustee is the person that would look after the house until the child (the beneficiary) became an adult.
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  194. Trustor
    The person that places property into a trust. Trustors are often also called settlors or grantors.
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  195. Unconscionable
    Done without a conscience. Courts will sometimes find that an agreement or contract is invalid because it is unconscionable. This means that one of the parties in the agreement has done something so heinous that the court feels the agreement should not be upheld. As an extreme example, imagine one party agrees to marry the other. They sign a prenuptial agreement that says that in the event of the divorce, the husband will receive all property, even property that was the wife's prior to the divorce. The wife in turn agrees to get all debts that were incurred before or during the marriage. This agreement is so weighted towards the husband (or unconscionable) that few courts, if any, would uphold it.
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  196. Uncontested Divorce
    This is a divorce in which both the husband and wife agree as to all the terms of the divorce.
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  197. Undue Influence
    Inappropriately influencing someone such that the person being influenced no longer has free will. For example, forcing a senile older person to sign a will bequeathing an estate to you would be an example of undue influence.
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  198. Unlawful Detainer
    Illegally holding on to a piece of real property that was legally acquired. This usually occurs tenants rent a home and then stay in the home after they've been told to leave.
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  199. Verification
    Verifications are typically attached to other documents and signed by someone. By signing, the person swears that all of the facts contained in the document to which the Verification is attached are true.
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  200. Visa
    A document reflecting the national government's permission for a foreigner to conduct some kind of business in our country.
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  201. Visitation
    This is the act of or the conditions under which, one parent spends time with a child.
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  202. Will
    A document that describes how a person wants his or her estate distributed when they pass away. A will is sometimes also called a testament.
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  203. Witness
    A person who watches you sign something or a person that can testify to certain facts.
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