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Yes, a revocable yet perpetual license can exist if the licensor reserves the right to revoke the license at any time but grants permission for the licensee to use the licensed property indefinitely. Despite being revocable, the licensee can continue to use the property for as long as the licensor does not choose to revoke it.
What else can I help you with?
Can changes be made to beneficiaries in a revocable trust that was originally prepared by an attorney?
Changes can be made to beneficiaries in a revocable trust that was originally prepared by an attorney. In a revocable trust, you can legally change the terms and end the trust at anytime before death.
Are revocable trusts a matter of public record?
Revocable and irrevocable trusts become a public record only if they have been recorded in the land records because they hold title to real property.
Can a revocable trust be sued?
Yes, a revocable trust can be sued if it holds assets that are subject to legal claims. Creditors or claimants may be able to pursue assets within the trust to satisfy debts or liabilities. However, revocable trusts can offer certain protections and may help safeguard assets from potential lawsuits.
can a revocable trust be terminated before it's expiration date and devided however the trustee wants or does it have to be divided equally shares?
A revocable trust can typically be terminated before its expiration date, with the assets distributed according to the provisions outlined in the trust agreement or at the discretion of the trustee. The trustee may have the flexibility to distribute the assets as they see fit, depending on the terms specified in the trust document.
Where can I search to learn about revocable trust?
You can search online resources such as legal websites, government websites, or financial planning sites to learn more about revocable trust. Additionally, consulting with a qualified estate planning attorney or financial advisor would be beneficial to get personalized guidance on setting up a revocable trust.
Is there a revocable copyright license?
Yes; most licenses are non-exclusive, limited, and revocable.
Is there a perpetual motion electric generator?
Not yet ;)
Who invented perpetual motion as an energy source that changes the world as you know it?
No one. Perpetual motion has not been invented yet.
How do you abbreviate the word revocable?
revocable
What does perpetual license mean?
This is a license to use the software for an unspecified period of time. The license is paid for once and does not need to be renewed.
How do you amortize a perpetual software license?
You can amortze a prepetual sw lisc over its useful life.
Who came up with perpetual motion?
Nobody has yet, nor is anybody likely to in the future.
What are the benefits of purchasing perpetual license software compared to subscription-based models?
Perpetual license software offers the benefit of a one-time payment for indefinite use, while subscription-based models require ongoing payments for access. Perpetual licenses provide long-term cost savings and ownership of the software, whereas subscriptions offer regular updates and flexibility to adjust usage.
Is a residuary trust revocable or non revocable?
A residuary trust is set forth in a Will and is non-revocable after the death of the testator. It can be amended or revoked while the testator is still living.
Do you have to have a license to do cheerleading stunts?
not yet
Will my CT license be suspended if my MA license gets suspended?
I now live in CT and do not have a CT license yet. I use to live in MA but haven't switched my license to CT yet. My MA license was recently suspended. Now that I live in CT can I get at CT license
Why would one work with a revocable trust?
Revocable trust includes many advantages. Revocable Trust's main advantage is the agreement provides flexibility and income to the living grantor.
