Ballentine's law dictionary. Anderson, W.S.. 1998.
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
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
inheritance tax — a tax levied on the right of an heir to receive a decedent s property, the rate being a percentage of the value of the property. Also called death tax; Brit., death duty. Cf. estate tax. [1835 45] * * * Levy on the property accruing to each… … Universalium
Inheritance Tax (United Kingdom) — In the United Kingdom, Inheritance Tax was first introduced as a tax on estates in England and Wales over a certain value from 1796, then called legacy, succession and estate duties. The value changed over time and the scope of estate duty was… … Wikipedia
Inheritance — For other uses, see Inheritance (disambiguation) and Heir (disambiguation). William Hogarth s plate 1 from A Rake s Progress, The Young Heir Takes Possession Of The Miser s Effects as his inherita … Wikipedia
all taxes — An expression comprehensive in form, but to be construed in connection with the context in which it appears. Anno: 37 ALR2d 88 et seq. An exemption from all taxation, has been held inapplicable to an inheritance, succession, or estate tax. Anno:… … Ballentine's law dictionary
clear of all deductions — A clause intended to indicate a gift or legacy of a sum which shall remain in the complete amount in which it is designated, without deduction for expenses, inheritance taxes, or estate taxes. Marris v Burton, 11 Sim 161, 59 Eng Reprint 836 … Ballentine's law dictionary
just debts of decedent — All claims which could have been enforced by action against the decedent in his lifetime. 31 Am J2d Ex & Ad § 276. Not estate or inheritance taxes or claims upon indebtedness incurred by personal representative of the decedent. Anno: 37 ALR2d 136 … Ballentine's law dictionary
Europe, history of — Introduction history of European peoples and cultures from prehistoric times to the present. Europe is a more ambiguous term than most geographic expressions. Its etymology is doubtful, as is the physical extent of the area it designates.… … Universalium
Tax — Taxation An aspect of fiscal policy … Wikipedia
