- qualified estate
- See qualified fee; qualified interest.
Ballentine's law dictionary. Anderson, W.S.. 1998.
qualified estate
Look at other dictionaries:
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
qualified — Adapted; fitted; entitled; susceptible; capable; competent; fitting; possessing legal power or capacity; eligible; as a qualified voter (q.v.). Applied to one who has taken the steps to prepare himself for an appointment or office, as by taking… … Black's law dictionary
qualified disclaimer — n: an irrevocable and absolute refusal to accept a particular interest in the estate of a decedent (as a spouse) that is made in accordance with federal tax requirements and results in favorable tax consequences (as exemption from a gift tax) ◇… … Law dictionary
qualified personal residence trust — (QPRT) A trust designed to save on estate tax by moving a residence (or vacation home, if certain conditions in the tax code are met) out of the owners taxable estate. The owner transfers ownership of the property to the trust but keeps the right … Law dictionary
Qualified — Qual i*fied, a. 1. Fitted by accomplishments or endowments. [1913 Webster] 2. Modified; limited; as, a qualified statement. [1913 Webster] {Qualified fee} (Law), a base fee, or an estate which has a qualification annexed to it, the fee ceasing… … The Collaborative International Dictionary of English
Qualified fee — Qualified Qual i*fied, a. 1. Fitted by accomplishments or endowments. [1913 Webster] 2. Modified; limited; as, a qualified statement. [1913 Webster] {Qualified fee} (Law), a base fee, or an estate which has a qualification annexed to it, the fee… … The Collaborative International Dictionary of English
Qualified indorsement — Qualified Qual i*fied, a. 1. Fitted by accomplishments or endowments. [1913 Webster] 2. Modified; limited; as, a qualified statement. [1913 Webster] {Qualified fee} (Law), a base fee, or an estate which has a qualification annexed to it, the fee… … The Collaborative International Dictionary of English
Qualified negative — Qualified Qual i*fied, a. 1. Fitted by accomplishments or endowments. [1913 Webster] 2. Modified; limited; as, a qualified statement. [1913 Webster] {Qualified fee} (Law), a base fee, or an estate which has a qualification annexed to it, the fee… … The Collaborative International Dictionary of English
