under intestacy
81inheritance tax — n: an excise tax that is levied upon the privilege of receiving property as heir or next of kin under the law of intestacy and that is measured by the value of the property received compare estate tax Merriam Webster’s Dictionary of Law. Merriam… …
82per stirpes — per stir·pes /pər stər pēz, per stir pās/ adv or adj [Latin, by familial stocks]: by right of representation the estate was divided per stirpes used of a method of distributing an esp. intestate estate compare per capita ◇ Per stirpes… …
83nominated assets — England, Wales Members who have accounts with certain friendly societies (as set out in the Friendly Societies Act 1974) can deal with their accounts by a nomination, rather than under a will (or if there is no will, under the intestacy rules).… …
84immediate post-death interest — (IPDI) England, Wales An interest in possession (IIP) (interest in possession trust) where: • The trust is created by a …
85IPDI — immediate post death interest (IPDI) England, Wales An interest in possession (IIP) (interest in possession trust) where: • The trust is created by a …
86Dishonest assistance — Dishonest assistance, or knowing assistance, is a type of third party liability under trust law. It is usually seen as one of two liabilities established in Barnes v Addy,[1] the other one being knowing receipt. To be liable for dishonest… …
87illegitimacy — il·le·git·i·ma·cy /ˌi li ji tə mə sē/ n: the quality or state of being illegitimate Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. illegitimacy …
88tenancy — A tenancy involves an interest in realty which passes to the tenant, and a possession exclusive even of that of landlord, except as lease permits landlord s entry, and saving his right to enter to demand rent or to make repairs. Layton v. A. I.… …
89relatives — Relations either by blood or affinity. As persons excluded from voting in a creditors meeting for the election of a trustee in bankruptcy: persons related to the bankrupt by affinity or consanguinity within the third degree, as determined by the… …
90Property law — is the area of law that governs the various forms of ownership in real property (land as distinct from personal or movable possessions) and in personal property, within the common law legal system. In the civil law system, there is a division… …
