Real Estate Allocation Trust (REAT) is a specialized investment vehicle designed to diversify portfolios by pooling funds to invest in various real estate assets, optimizing returns.

Reallocation of Beneficiary Interests refers to the strategic redistribution of benefits among beneficiaries in a trust or estate, adapting to changing circumstances or needs.

A Reciprocal Will is a mutual agreement between two individuals, typically spouses, to leave their estates to each other, ensuring shared intentions in inheritance.

A Registered Trust Agreement is a formal document establishing a trust, outlining its terms, beneficiaries, and management, ensuring legal recognition and protection for assets.

Residuary Bequest: The portion of an estate that remains after all debts, taxes, and specific gifts are distributed, ensuring that the testator’s final wishes are honored.

Residuary Devisee: An individual designated in a will to receive the remainder of an estate after all specific bequests and debts have been settled, embodying the final wishes of the testator.

A Restricted Bequest Clause specifies conditions under which a bequest is to be used, ensuring that the donor’s intentions are honored in the allocation of funds.

A Revocable Trust Protector is an individual or entity entrusted with the authority to modify, oversee, or terminate a revocable trust, ensuring adaptability and safeguarding the grantor’s intentions.

Right of Reentry Clause: A provision allowing a landlord to reclaim possession of a property under specific conditions, ensuring control and compliance in lease agreements.

Per stirpes allocation is a method of distributing an estate where descendants inherit their parent’s share, ensuring family lines receive equitable portions.