>>19194690
Go argue with someone who cares.
History of Cestui Que Vie
Cestui que vie as a legal concept dates to the medieval period, specifically England. During this time, the owners of farms and other properties could be absent for extended periods of time as they traveled, whether for business or religious purposes. It became important to ensure that family members, business partners or tenants could use the property without fear of it being expropriated by feudal lords. While the individual was away, a trustee took care of the land but did not retain legal ownership over the property. The trust often relied on a good faith understanding between the parties.
In practice, it was often a way to avoid paying taxes by granting land and property to the Church, which was exempt from taxation, while still allowing descendants to reside in and enjoy the estates. Henry VIII, under his advisers Thomas Cromwell and Thomas More, attempted to invalidate cestui que vie trusts, a process that continued under the English Reformation.
1666
The year the British government enacted the Cestui Que Vie Act.
https://www.investopedia.com/terms/c/cestui-que-vie.asp