Inheritance Tax - Law Dictionary Search Results
Home Dictionary Name: inheritance tax Page: 4 Page 4 of about 48 results (0.003 seconds)Personal property
Personal property, money, goods, cattle, chattels, stocks, shares, securities, debts, etc., and also leases for years, however long. Personal property is either in possession, or in action, where a man has not the actual occupation of the thing, but only a right to it arising upon some contract, and recoverable by an action at law.Any person may assign personal property, including chattels real, directly to himself and another person or other persons or corporation, by the like means as he might assign the same to another, Law of Property Amendment Act, 1859, s. 21.This was extended by the (English) Emergency Act, 1881, to conveyances of freehold land or choses in action by a husband to a wife or e contra. Now, by the (English) Law of Property Act, 1925, s. 72, a person may convey real or personal property to himself alone.In the case of real property there can be no such thing as an absolute ownership in the subject-matter, i.e., land; the utmost that any one, even an owner in fee sim...
Term in gross
Term in gross. A term which would have been attendant on the inheritance if it had been assigned by a purchaser of settled land to a trustee for himself, and while outstanding and not merged it was kept in existence upon an implied trust for the parties entitled according to their estates and interests, Halsb. L.E., title 'Real Property,' etc. See ATTENDANT TERM; OUTSTANDING TERM....
Borough English
Borough English, a custom abolished by Adminis-tration of Estates Act, 1925, s. 45. See (English) Law of Property Act, 1922, 12th Schedule; evidently of Saxon origin, and so named to distinguish it from the Norman customs. By this custom, which was met with in some burgage tenemental lands and elsewhere, if a person had several sons, and died intestate, the youngest son inherited all the realty, which belonged to his father, situated within such borough. It was based on the assumption that the youngest son, on account of his tender age, was not so capable as the rest of his brethren to keep himself. Among the pastoral tribes, the sons, as soon as they attained the proper age, migrated from the paternal habitation, with an allotment of cattle, to seek a residence elsewhere; the youngest son usually continued with his father, and thus became the heir to his house, 2 Bl. Com. 83.The custom obtained in the manor of Lambeth, Surrey, in the manors of Hackney, St. John of Jerusalem in Islingt...
Poinding
Poinding, the Scots term for taking goods, etc., in execution, or by way of distress. It is defined to be 'the diligence (process) which the law has devised for transferring the property of the debtor to the creditor in payment of his debt.' It is either real or personal; not that any inheritance is conveyed by a poinding, but real poinding is a power of carrying off the effects on the land in payment of such debts as are debita fundi, or heritable;personal poinding is the poinding of movables for debt or for rent, etc. There is also a species of poinding by attaching cattle trespassing, See Bell's Scots Law Dict....
Parentela
Parentela, or de parentel' se tollere, signified a renunciation of one's kindred and family. This was, according to ancient custom, done in open Court, before the judge, and in the presence of twelve men, who made oath that they believed it was done for a just cause. We read of it in the laws of Henry I. After such abjuration, the person was incapable of inheriting anything from any of his relations, etc....
attainder
attainder [Anglo-French atteinder, from ateindre to convict, sentence, literally, to reach, attain, ultimately from Latin attingere to reach, from ad to + tangere to touch] : the termination of the civil rights of a person upon a sentence of death or outlawry for treason or a felony see also bill of attainder at bill, corruption of blood NOTE: In English law up to the nineteenth century, attainder was the harsh consequence of conviction for treason or a felony. It resulted in the forfeiture of the convicted person's property. It also involved corruption of blood, which barred the person from inheriting, retaining, or passing title, rank, or property. A person outlawed lost the right to seek protection under the law. Article III, Section 3 of the U.S. Constitution prohibits corruption of blood or forfeiture upon a conviction for treason “except during the life of the person attainted,” and Article I, Section 9 prohibits bills of attainder. Attainder was abolished in Engl...
Bastard
Bastard [fornication], one born not of lawful marriage. [(English) Age of Marriage Act, 1929 (19 & 20 Geo. 5, c. 36)]The civil and canon laws did not allow a child to remain a bastard if the parents afterwards intermarried, but a proposal by the bishops to assimilate the law of England to the canon law in this respect was rejected by Parliament in 1235. See MERTON, STATUTE OF. The law of England remained thus for nearly 700 years, until the Legitimacy Act, 1926 (16 & 17 Geo. 5, c. 60), legitimated a child born out of wedlock upon the subsequent marriage of parents if they were domiciled in England or Wales at the date of marriage. See LEGITIMATION. In Scotland, however, and in most other Christian countries, including most, if not all, of the British Dominions, and most, if not all, of the United States of America, legitimation of the children has always followed the intermarriage of the parents.The mother of a bastard cannot validly contract with another person for the transfer to tha...
Ameliorating waste
Ameliorating waste, acts which though technically amounting to what the law calls 'waste,' yet, so far from injuring the inheritance, improve it, see Doherty v. Allman, (1878) 3 App Cas 709; Meux v. Cobley, 1892 (2) Ch 253; and see Settled Land Act, 1925, ss. 88 & 89, as to improvements involving impeachment for waste....
Odalman
A man or woman having odal or able to share in it by inheritance...
particular
particular in the civil law of Louisiana : of or relating to a designated property or to the inheritance of it compare universal ...
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