- life estate by operation of law
- A life estate which comes into existence without any act of the parties, such as that which springs from curtesy or dower. 33 Am J1st Life Est § 2.
Ballentine's law dictionary. Anderson, W.S.. 1998.
Ballentine's law dictionary. Anderson, W.S.. 1998.
Operation of law — The phrase by operation of law is a legal term that indicates that a right or liability has been created for a party, irrespective of the intent of that party, because it is dictated by existing legal principles. For example, if a person dies… … 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
Marital life estate — A marital life estate is, in the common law tradition of the U.S. and Great Britain, a life estate held by the spouse (husband or wife) or widowed spouse, for the duration of that spouse s life. Contents 1 Creation 2 Tax avoidance 3 See also … Wikipedia
surrender by operation of law — This phrase is properly applied to cases where the tenant for life or years has been a party to some act the validity of which he is by law afterwards estopped from disputing, and which would not be valid if his particular estate continued to… … Black's law dictionary
conventional life estate — A life estate created by the act of the parties, by deed, will, or contract. 28 Am J2d Est $ 56. Conventional life estates are also frequently created, not by express words, but by general grant, not defining or limiting any specific estate. They … Ballentine's law dictionary
legal life estate — A life estate coming into existence by operation of law, such as dower and curtesy, as distinguished from a life estate created by will or grant. 28 Am J2d Est § 56 … Ballentine's law dictionary
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
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