Legal Jargon Confusion
If this is the wrong forum please move it; if it's not even supposed to be here period, my apologies in advance.. thanks.
I'm a little confused about some legal wording in a trust which was left to me. Perhaps someone can clarify? Not looking for legal advice or anything of that matter. I know to go to a lawyer for that.
First, what is a "division date?" Is this the date of which a person would have access to a trust?
In what I read, part of the wording goes, " (if I'm living) upon the division date, then commencing with the last to occur of the division date or my 33rd birthday" then I'll have access to withdraw from this trust.
I underlined the part that's confusing me.
Thanks in advance if anyone can help me understand this.
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Teg yw edrych tuag adref.
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