probate tax
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Probate — Pro bate, a. Of or belonging to a probate, or court of probate; as, a probate record. [1913 Webster] {Probate Court}, or {Court of Probate}, a court for the probate of wills. {Probate duty}, a government tax on property passing by will. [Eng.]… … The Collaborative International Dictionary of English
Probate Court — Probate Pro bate, a. Of or belonging to a probate, or court of probate; as, a probate record. [1913 Webster] {Probate Court}, or {Court of Probate}, a court for the probate of wills. {Probate duty}, a government tax on property passing by will.… … The Collaborative International Dictionary of English
Probate duty — Probate Pro bate, a. Of or belonging to a probate, or court of probate; as, a probate record. [1913 Webster] {Probate Court}, or {Court of Probate}, a court for the probate of wills. {Probate duty}, a government tax on property passing by will.… … The Collaborative International Dictionary of English
tax basis — See: basis Category: Personal Finance & Retirement → Taxes Category: Real Estate & Rental Property → Selling a House Category: Wills, Trusts & Estates → Estates, Executors & Probate Court Nolo’s Plain English Law Dictionary. Gerald N. Hill,… … Law dictionary
Probate — Not to be confused with Probation. Wills, trusts and estat … Wikipedia
probate — Court procedure by which a will is proved to be valid or invalid; though in current usage this term has been expanded to generally refer to the legal process wherein the estate of a decedent is administered. Generally, the probate process… … Black's law dictionary
probate duty — noun 1. : a British tax on the gross value of the personal estate of a deceased testator introduced in 1694 and merged in the estate duty in 1894 2. : an estate tax in some United States jurisdictions * * * probate duty noun (historical) A tax on … Useful english dictionary
Probate — The legal process in which a will is reviewed to determine whether it is valid and authentic. Probate also refers to the general administering of a deceased person s will or the estate of a deceased person without a will. The court appoints… … Investment dictionary
Tax haven — A tax haven is a place where certain taxes are levied at a low rate or not at all. Individuals and/or firms can find it attractive to move themselves to areas with lower tax rates. This creates a situation of tax competition among governments.… … Wikipedia
probate price — In the UK, the price used to assess the value of shares for inheritance tax purposes. The probate price is calculated by dividing the difference between the bid and offer prices by 4 and adding the result to the lower of the 2 prices. Exchange… … Financial and business terms
