estate not of inheritance

estate not of inheritance
A freehold estate for life. See 2 Bl Comm 104. Broadly, any interest, whether in real or personal property, which passes to the executor or administrator rather than directly to the heir or heirs. 23 Am J2d Desc & D § 18.

Ballentine's law dictionary. . 1998.

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  • not of inheritance — See estate not of inheritance …   Ballentine's law dictionary

  • freehold estate not of inheritance — A freehold estate for the life of the grantee or some other person. 28 Am J2d Est § 8 …   Ballentine's law dictionary

  • estate of freehold not of inheritance — A freehold estate which does not pass to the heirs of the holder but is only for his lifetime or that of another person. Such estates are conventional, that is, expressly created by the acts of the parties; or they are legal, that is, they are… …   Ballentine'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

  • Estate tax in the United States — This article is about Estate tax in the United States. For other countries, see Inheritance tax. Part of a series on Taxation Taxation in the United States …   Wikipedia

  • Inheritance tax — An inheritance tax or estate tax is a levy paid by a person who inherits money or property or a tax on the estate (total value of the money and property) of a person who has died.[1] In international tax law, there is a distinction between an… …   Wikipedia

  • 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

  • estate — The degree, quantity, nature, and extent of interest which a person has in real and personal property. An estate in lands, tenements, and hereditaments signifies such interest as the tenant has therein. 2 Bl.Comm. 103. The condition or… …   Black's law dictionary

  • estate — The degree, quantity, nature, and extent of interest which a person has in real and personal property. An estate in lands, tenements, and hereditaments signifies such interest as the tenant has therein. 2 Bl.Comm. 103. The condition or… …   Black'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

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