Lawsuit Millionaires | Law Terms M-R

Law Terms S-Z

• Law Terms beginning with "M" -
• Magna Carta: An historical document from England that helped establish common law and statutes [it is a founding document] of the law as we know it today. When King John reluctantly signed it in 1215, it was essentially a document for the nobility; however it became the basis of modern individual rights.
• Law Terms beginning with "N" -
• Nonprobate Transfer: The distribution of a deceased person's property by any means other than probate. Many types of property pass free of probate, including (in some states) property left to a surviving spouse and property left outside of a will through probate-avoidance methods such as pay-on-death designations, joint tenancy ownership, living trusts, and life insurance. Property that avoids probate is sometimes described as the nonprobate estate.
• Law Terms beginning with "O" -
• Obstruction of Justice: An attempt to interfere with the administration of the courts, the judicial system, or law enforcement officers, including threatening witnesses, improper conversations with jurors, hiding evidence, or interfering with an arrest. Such activity is a crime.
• Law Terms beginning with "P" -
• Partial Disability: The result of an injury that permanently reduces a worker's ability to function, but still permits the worker to do some gainful activity.
• Law Terms beginning with "Q" -
• Question of Law: An issue arising in a lawsuit or criminal prosecution which only relates to determination of what the law is, how it is applied to the facts in the case, and other purely legal points in contention. All "questions of law" arising before, during, and sometimes after a trial are to be determined solely by the judge and not by the jury.
• Law Terms beginning with "R" -
• Residuary Beneficiary: A person who receives any property by a will or trust that is not specifically left to another designated beneficiary. For example, if Antonio makes a will leaving his home to Edwina and the remainder of his property to Elmo, then Elmo is the residuary beneficiary.

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