collateral inheritance tax
- collateral inheritance tax
-
An inheritance or succession tax on the devolution of property under the laws of descent or under a will to the collateral relatives of the decedent or persons other than the spouse, descendants, or parents of the decedent. 28 Am J Rev ed Inher T § 11.
Ballentine's law dictionary.
Anderson, W.S..
1998.
Look at other dictionaries:
collateral succession tax — See collateral inheritance tax … Ballentine's law dictionary
inheritance tax — A succession tax; a tax on the privilege of taking property of a decedent in accordance with law or on the right to receive property of a decedent. Not a tax on decedent s privilege of disposition of his property. 28 Am J Rev ed Inher T § 8. A… … Ballentine's law dictionary
tax — A charge by the government on the income of an individual, corporation, or trust, as well as the value of an estate or gift. The objective in assessing the tax is to generate revenue to be used for the needs of the public. A pecuniary burden laid … Black's law dictionary
inheritance — /in her i teuhns/, n. 1. something that is or may be inherited; property passing at the owner s death to the heir or those entitled to succeed; legacy. 2. the genetic characters transmitted from parent to offspring, taken collectively. 3.… … Universalium
Iowa — • One of the North Central States of the American Union, and is about midway between the Atlantic and the Pacific Oceans Catholic Encyclopedia. Kevin Knight. 2006. Iowa Iowa … Catholic encyclopedia
Delaware — • One of the original thirteen of the United States of America Catholic Encyclopedia. Kevin Knight. 2006. Delaware Delaware † … Catholic encyclopedia
Virginia — • One of the thirteen original states Catholic Encyclopedia. Kevin Knight. 2006. Virginia Virginia † … Catholic encyclopedia
List of law topics (A-E) — NOTOC Law [From Old English lagu something laid down or fixed ; legal comes from Latin legalis , from lex law , statute ( [http://www.etymonline.com/index.php?search=law searchmode=none Law] , Online Etymology Dictionary; [http://www.m… … Wikipedia
Binary economics — is a heterodox theory of economics that endorses both private property and a free market but proposes significant reforms to the banking system. The aim of binary economics is to ensure that all individuals receive income from their own… … Wikipedia
stranger — One who was not a party to a transaction. One not in interest. As a depositary of an escrow:–one not a party to the instrument; one so free from any personal or legal identity with the parties to the instrument as to leave him free to discharge… … Ballentine's law dictionary