estate law

estate law
Laws governing the nature and extent of an owner's rights with respect to real and personal property.

When used in connection with probate proceedings, it refers to the laws governing the disposition of the total property of whatever kind owned by a person at the time of death. See also estate tax, property, property tax.

* * *


Universalium. 2010.

Игры ⚽ Поможем решить контрольную работу

Look at other dictionaries:

  • Estate (law) — An estate is the net worth of a person at any point in time. It is the sum of a person s assets legal rights, interests and entitlements to property of any kind less all liabilities at that time. The issue is of special legal significance on a… …   Wikipedia

  • law — / lȯ/ n [Old English lagu, of Scandinavian origin] 1: a rule of conduct or action prescribed or formally recognized as binding or enforced by a controlling authority: as a: a command or provision enacted by a legislature see also statute 1 b:… …   Law dictionary

  • estate — es·tate /i stāt/ n [Anglo French estat, literally, state, condition, from Old French, from Latin status, from stare to stand] 1: the interest of a particular degree, nature, quality, or extent that one has in land or other property compare fee;… …   Law dictionary

  • estate tax — n: an excise in the form of a percentage of the taxable estate that is imposed on a property owner s right to transfer the property to others after his or her death – called also succession tax; see also unified transfer tax compare gift tax,… …   Law dictionary

  • estate planning — estate plan·ning n: the arranging for the disposition and management of one s estate at death through the use of wills, trusts, insurance policies, and other devices Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. estate planning …   Law dictionary

  • estate for life — index freehold Burton s Legal Thesaurus. William C. Burton. 2006 estate for life …   Law dictionary

  • estate tax threshold — The dollar amount of an estate at which estate tax might be due. For example, if you die in a year where the federal estate tax exception is $3.5 million, then your estate may owe estate taxes if your estate is larger $3.5 million at that time.… …   Law dictionary

  • estate for years — see estate 1 Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. estate for years …   Law dictionary

  • estate by entirety — See: tenancy by the entirety Category: Bankruptcy, Foreclosure & Debt Category: Real Estate & Rental Property Category: Wills, Trusts & Estates Nolo’s Plain English Law Dictionary. Gerald N. Hill, Kathleen Thompson Hill …   Law dictionary

  • estate property — USA property of the estate, Also known as estate property. All tangible and intangible assets owned by a debtor at the commencement of a bankruptcy proceeding including intellectual property rights, tax attributes, stock options and causes of… …   Law dictionary

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”