Tontine is an investment plan in which participants buy shares in a common fund and receive an annuity that increases every time a participant dies.
In simpler terms, tontine is an investment scheme in which the so-called...
property law
transfer
Transfer is an act by virtue of which title of a property is voluntarily conveyed from one person to another. It is a way of disposing of a property or an asset in the form of sale, money transfer, lease, license, lien, gift, etc. Transfer...
transfer in contemplation of death
Transfer in contemplation of death means that a person transfers property to others when they believe they are about to die. If the person later recovers, the transfer may be revoked. It is also referred to as a gift causa mortis. The most...
transfer-on-death (TOD)
Transfer-on-death (TOD) refers to named beneficiaries that receive assets at the death of the property owner without the need for probate, facilitating the executor's disposition of the property owner's assets after their death. This is often...
treasure trove
French for treasure found. When a person finds valuables such as gold, silver, or diamonds that are hidden in the ground or some other private place and the owner of these is unknown. The finder can usually claim title to the goods against all...
trespass
Trespass is knowingly entering another owners’ property or land without permission, which encroaches on the owners’ privacy or property interests. There are many laws relating to trespass.
Tort LawTrespass to Land: If an...
trespass to chattels
A tort. An intentional act by a defendant that interferes with the chattel of a plaintiff.
trover
A common law action for recovery of damages for wrongful taking of personal property.
trust
A trust is a form of division of property rights and a fiduciary relationship, in which ownership of assets goes to a third party, known as a trustee, and the beneficial enjoyment goes to the beneficiary. The person who transfers the property...
trust administration
Trust administration refers to the tasks associated with managing the assets, distributions, and filings of a trust. The tasks can often be quite complex and time sensitive. The trustee responsible for trust administration has fiduciary...