How is Close Family Relationship defined in a legal contract?
- Close Family Relationship means a bond between spouses or domestic partners, parents who depend on, parent-in-law, child, son-in-law, daughter-in-law; or any relatives such as parents, parent-in-law, siblings, uncles, aunts, cousins, nieces or nephews who live in the same household as a [city officer or employee]. Seen in 10 SEC filings.
- Close Family Relationship means a connection to a person within the third degree of relationship, by blood or adoption, or a spouse, stepchild, or fiduciary of a person within the third degree of relationship. Seen in 5 SEC filings.
- Close Family Relationship means the affiliation between persons who are married, between parents and their children, siblings and between grandparents and their grandchildren. This also includes the connection between people who, though not married and whether or not a blood relationship exists, show an intent to extend mutual affection and support typically associated with the aforementioned relationships. Seen in 3 SEC filings.
Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.
Search EDGAR for 'Definitions of close family relationship' yourself to verify these results. We are always keen to point people to source documents.
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Which definition should you use?
🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.
Genie Definition 1
- Close Family Relationship means blood or legal ties involving spouses, parents, children, siblings, and their direct descendants living in the same household.
Relevant Contract Types
- Trust Agreement
- Last Will and Testament
- Guardianship Agreement
- Prenuptial Agreement
- Power of Attorney
- Family Settlement Agreement
Relevant Circumstances
- Division of assets upon death
- Legal guardianship determinations
- Prenuptial financial arrangements
- Delegating legal decision-making rights
Relevant Sectors
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Close Family Relationship means blood or legal ties involving spouses, parents, children, siblings, and their direct descendants living in the same household
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