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Disposable Portion - Law Dictionary Search Results

Home Dictionary Name: disposable portion

disposable portion

disposable portion in the civil law of Louisiana : the portion of a testate succession that may be donated to legatees other than the forced heir compare marital portion ...


marital portion

marital portion in the civil law of Louisiana : a one-fourth portion that a surviving spouse is entitled to claim from the estate of a spouse who has died rich in comparison to the surviving spouse compare disposable portion, falcidian portion, legitime ...


legitime

legitime [French, from Latin legitima (pars) the lawful (share)] in the civil law of Louisiana : the portion (as one-fourth) of a testate succession that is reserved for a forced heir called also forced portion compare disposable portion, falcidian portion, marital portion NOTE: The fraction used to calculate the legitime will vary depending on the number of forced heirs. ...


disposable income

that portion of income which is available for spending on discretionary purchases for individuals it is usually calculated as total income less taxes National disposable income which is the disposable income of all individuals and businesses is calculated as total national income minus taxes plus transfer payments...


Disposal

Disposal, Disposal means transfer of title in the goods to any other person, C.S.T. v. Thamas Stephen & Co. Ltd., AIR 1988 SC 997 (999): (1988) 2 SCC 264.Disposal, whether any delivery of waste to a mine is to be regarded as a disposal within the meaning of the legislation regardless of the Specific Circumstances, Abfall Service A.G. v. Bundesminister Far Umwelt (ECJ), (2002) 3 WLR 665...


While disposing of the appeal

While disposing of the appeal, reference or revision, the change in phrasology clearly suggests that Parliament did not intend to prescribe any limitation on the powers of the appellate Court or revisional Court; the words are not 'when convicting' or 'when upholding the conviction' but the words are while disposing of the appeal, reference or revision' and these would mean in continuation of the disposal of the appeal, reference or revision and these words cannot be regarded as importing a limitation on the power to the effect that such order must be incorporated in the body of the judgment disposing of the appeal, reference or revision, H.P. Gupta v. Manohar Lal, AIR 1979 SC 443: (1979) 2 SCC 486: (1979) 2 SCR 208. [Criminal Procedure Code, 1973, s. 456(2)]...


Portion

Portion, property settled or provided in favour of children or their issue. In settlements by deed or will of personal property, portions were and are usually effected by direct trusts in favour of the children or issue, either immediately or after the death of the parent or parents. In regard to realty the usual plan was to settle a long term of years from or out of the real estate upon trust to sell or mortgage the term in order to provide the portions when they became payable. See SATISFIED TERM; ATTENDANT TERM. This term preceded the settlement of the estate in fee or in tail according to the intention of the settlor. This method is still available although the term is not a legal estate and will not affect a purchaser even with notice who takes his title from estate owners who are entitled to sell the estate unaffected by the term, but the trustees entitled to the term may require to have the term secured by a legal mortgage. See Law of Property Act, s. 3 (1) and Settled Land Act,...


Falcidian portion

Falcidian portion [from Falcidius, Roman tribune who proposed the law passed in 40 B.C. that established the portion] : the one-fourth portion of a succession that may be retained by the instituted heir in civil law if more than three-fourths of the succession was bequeathed to other legatees compare legitime, marital portion NOTE: The Falcidian portion is expressly abolished in the Louisiana Civil Code. ...


dispose of

dispose of dis·posed of dis·pos·ing of 1 : to transfer to the control or ownership of another [disposed of the property by will] 2 : to deal with conclusively : determine finally [received petitions for injunctions…The common theme in disposing of these "W. J. Brennan, Jr."] ...


Disposal

The act of disposing or disposing of anything arrangement orderly distribution a putting in order as the disposal of the troops in two lines...


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