Words / P / Law

protective

adjective/prəˈtɛktɪv/

A1CEFR level
8/100Rarity: common
TechnicalRegister

Describing a trust under which a beneficiary's life interest determines on bankruptcy or attempted alienation and is replaced by a discretionary trust.

The protective trust ensured that on his bankruptcy the income passed to a discretionary class rather than to his creditors.

Topic: Trusts & equity in Legal English

Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.

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More law words: Trusts & equity