present estate

present estate
An estate which is presently vested.

Ballentine's law dictionary. . 1998.

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Look at other dictionaries:

  • present — A gift; a gratuity; anything presented or given present, adj Now existing; at hand; relating to the present time; considered with reference to the present time. See also presentment @ present ability As used in describing an element of the crime… …   Black's 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 — 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

  • 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 in reversion — reversion or estate in reversion /(asteyt in) ravarzhan/ A future interest under which a grantor retains a present right to a future interest in property that the grantor conveys to another; usually the residue of a life estate. The residue of an …   Black's law dictionary

  • estate in expectancy — One which is not yet in possession, but the enjoyment of which is to begin at a future time. An estate giving a present or vested contingent right of future enjoyment. One in which the right to pernancy of the profits is postponed to some future… …   Black's law dictionary

  • estate in expectancy — One which is not yet in possession, but the enjoyment of which is to begin at a future time. An estate giving a present or vested contingent right of future enjoyment. One in which the right to pernancy of the profits is postponed to some future… …   Black's law dictionary

  • estate vested in possession — An estate whereof there is a right of present enjoyment. 28 Am J2d Est § 2. See vested estate …   Ballentine's law dictionary

  • estate in expectancy — an estate either vested or contingent in which one has a present right or interest but of which the possession is postponed or limited to take effect at some future time or upon some future event …   Useful english dictionary

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