Trusts and Estate Planning Event

Trusts and Estate Planning Event - Trusts and Estate Planning Events refer to significant occurrences, like death, funeral, or incapacity, that trigger the provisions and directives outlined in estate planning documents. Such events necessitate actions like asset distribution, trust activation, or execution of end-of-life directives to ensure the deceased or incapacitated individual's wishes are honored.

Class Information

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Identification

IRI: https://folio.openlegalstandard.org/R8lhhP1c4Hm9RruhEpWMrJW
Label (rdfs): Trusts and Estate Planning Event
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Definition and Examples

Definition: Trusts and Estate Planning Events refer to significant occurrences, like death, funeral, or incapacity, that trigger the provisions and directives outlined in estate planning documents. Such events necessitate actions like asset distribution, trust activation, or execution of end-of-life directives to ensure the deceased or incapacitated individual's wishes are honored.
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Class Relationships

Sub Class Of: Transaction Events
Parent Class Of: Incapacity Event

Birth

Death

Funeral Practices
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Additional Information

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Deprecated: False

Metadata

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