Glossary Archive

Retained Jurisdiction in Settlements Retained Jurisdiction in Settlements refers to a legal arrangement in which a court maintains the authority to oversee and enforce a settlement agreement after the resolution of a legal dispute. This typically occurs in cases involving structured settlements, such as personal injury claims or other civil actions, where the settlement amounts...

Retained Life Estate Agreement A Retained Life Estate Agreement is a legal arrangement in which an individual (the grantor) transfers ownership of a property to another party (the remainderman) while retaining the right to occupy and use the property for the duration of their life. This type of agreement allows the grantor to maintain control...

Retaliation Claims in Mediation Retaliation claims in mediation refer to allegations made by a party asserting that they have been subjected to adverse actions as a direct response to their involvement in a mediation process. Such claims typically arise in the context of workplace disputes, discrimination cases, or other legal conflicts where one party feels...

Retaliatory Counterclaim A retaliatory counterclaim is a legal claim made by a defendant in response to a claim brought against them, asserting that the original plaintiff's actions were unjust or improper, particularly in a manner that is retaliatory. It is primarily used to address situations where the plaintiff's lawsuit is perceived as a means to...

Retaliatory Lawsuit Defense A Retaliatory Lawsuit Defense refers to a legal strategy employed by a defendant who faces a lawsuit that is perceived as retaliatory, meaning that the lawsuit is filed in response to the defendant’s exercise of a legal right or to punish them for their actions. This defense can arise in various contexts,...

Retrospective Arbitration General Overview: Retrospective arbitration is a form of alternative dispute resolution where parties agree to resolve a dispute after the fact, typically regarding events that have already occurred. This type of arbitration can be particularly useful in situations where the parties wish to avoid the formalities and public exposure of court proceedings. Detailed...

Reverse Mortgage Agreement A Reverse Mortgage Agreement is a financial contract that allows homeowners, typically aged 62 or older, to convert a portion of their home equity into cash. This arrangement enables them to access funds while continuing to live in their home, as they do not have to make monthly mortgage payments. In a...

Revocable Living Trust A revocable living trust is a trust created during life that can usually be changed or revoked by the person who created it while legally able. In practice, this term should be read in context. The documents, property, court deadlines, family relationships, fiduciary role, or business records involved can change what the...

A Revocable Living Trust Amendment is a legal document that modifies the terms of an existing revocable living trust. Revocable living trusts are estate planning tools that allow individuals to manage their assets during their lifetime and specify how those assets should be distributed upon their death. One of the key features of a revocable...

A Revocable Trust is a legal arrangement that allows the person who creates the trust, known as the grantor or settlor, to maintain control over the assets placed in the trust during their lifetime. This type of trust can be altered, amended, or revoked entirely by the grantor at any time while they are alive...