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Decede - Law Dictionary Search Results
qualified disclaimer
qualified disclaimer : 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
collation
having the property divided with the rest of the succession compare hotchpot NOTE: Children and grandchildren of a decedent must return anything that they received in advance by donation inter vivos. Further, they cannot claim legacies made
property
the lien or becomes collateral for the security interest 3 : property transferred to the estate of a decedent after execution of the will common property : property owned or used by more than one party ;specif
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Administrator
Administration applies. Means a person appointed by the court to manage the assets and liabilities of an interstate decedent. This term once referred to males only (as opposed to administratrix), but legal writers now generally use administrator
survivor
and is commonly entitled to insurance benefits (as under social security) or property upon the death of the decedent see also joint-and-survivor annuity at annuity
survival statute
survival statute : a statute that considers the cause of action for injury to a decedent as surviving his or her death and thereby permits survival actions called also survival act
succeed
by succession [ed to his mother's estate] b : to acquire the rights, obligations, and charges of a decedent in property comprising an estate [the heir, who accepts, is considered as having ed to the deceased from
simultaneous death act
or transfer of property depends on priority of death. In general, for determining the disposal of property, each decedent is considered to have survived the other, and an insured individual is considered to have survived a beneficiary.
res gestae
to it that they constitute part of a continuous transaction and can serve to illustrate its character [the decedent's statement…was too far removed in time and place to be admissible as part of the res gestae "Lynch
remainder
of the prior estate 2 : that which remains or is left ;specif : the property in a decedent's estate that is not otherwise devised or bequeathed [I leave the rest, residue, and of my estate to
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