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Inheritance
Inheritance is the practice of receiving private property, titles, debts, entitlements, privileges, rights, and obligations upon the death of an individual. The rules of inheritance differ among societies and have changed over time. Officially bequeathing private property and/or debts can be performed by a testator via will, as attested by a notary or by other lawful means. Terminology In law, an "heir" ( heiress) is a person who is entitled to receive a share of property from a decedent (a person who died), subject to the rules of inheritance in the jurisdiction where the decedent was a citizen, or where the decedent died or owned property at the time of death. The inheritance may be either under the terms of a will or by intestate laws if the deceased had no will. However, the will must comply with the laws of the jurisdiction at the time it was created or it will be declared invalid (for example, some states do not recognise handwritten wills as valid, or only in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Holographic Will
A holographic will, or olographic testament, is a will and testament which is a holographic document, meaning that it has been entirely handwritten and signed by the testator. Holographic wills have been treated differently by different jurisdictions throughout history. For example, some jurisdictions historically required that a holographic will had to be signed by witnesses attesting to the validity of the testator's signature and intent. In many jurisdictions, holographic wills need to meet only minimal requirements to be valid: * In case of doubt, there must be evidence that the testator actually created the will, which can be proved through the use of witnesses, handwriting experts, or other methods. * The testator must have had the intellectual capacity to write the will, although there is a presumption that a testator had such capacity unless there is evidence to the contrary. * The testator must be expressing a wish to direct the distribution of his or her estate (or pa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Co-parceners
Hereditary titles, in a general sense, are nobility titles, positions or styles that are hereditary and thus tend or are bound to remain in particular families. Though both monarchs and nobles usually inherit their titles, the mechanisms often differ, even in the same country. The British crown has been heritable by women since the medieval era (in the absence of brothers), while the vast majority of hereditary noble titles granted by British sovereigns are not heritable by daughters. Gender preference Often a hereditary title is inherited only by the legitimate, eldest son of the original grantee or that son's male heir according to masculine primogeniture.Tronföljd '' Nordisk familjebok'', vol. 30 (1920) In some countries and some families, titl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Heir Apparent
An heir apparent is a person who is first in the order of succession and cannot be displaced from inheriting by the birth of another person. A person who is first in the current order of succession but could be displaced by the birth of a more eligible heir is known as an heir presumptive. Today these terms most commonly describe heirs to hereditary titles (e.g. titles of nobility) or offices, especially when only inheritable by a single person. Most monarchies refer to the heir apparent of their thrones with the descriptive term of ''crown prince'' or ''crown princess'', but they may also be accorded with a more specific substantive title: such as Prince of Orange in the Netherlands, Duke of Brabant in Belgium, Prince of Asturias in Spain (also granted to heirs presumptive), or the Prince of Wales in England and Wales; former titles include Dauphin in the Kingdom of France, and Tsesarevich in Imperial Russia. The term is also applied metaphorically to an expected succe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Intestate
Intestacy is the condition of the estate of a person who dies without a legally valid will, resulting in the distribution of their estate under statutory intestacy laws rather than by their expressed wishes. Alternatively this may also apply where a will or declaration has been made, but only applies to part of the estate; the remaining estate forms the "intestate estate". Intestacy law, also referred to as the law of descent and distribution, which vary by jurisdiction, refers to the body of law (statutory and case law), establish a hierarchy for inheritance, typically prioritizing close relatives such as spouses, children, and then extended family members and determines who is entitled to the property from the estate under the rules of inheritance. History and the common law Intestacy has a limited application in those jurisdictions that follow civil law or Roman law because the concept of a will is itself less important; the doctrine of forced heirship automatically gives ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Beneficiary
A beneficiary in the broadest sense is a natural person or other legal entity who receives money or other benefits from a benefactor. For example, the beneficiary of a life insurance policy is the person who receives the payment of the amount of insurance after the death of the insured. In trust law, beneficiaries are also known as '' cestui que use''. Most beneficiaries may be designed to designate where the assets will go when the owner(s) dies. However, if the primary beneficiary or beneficiaries are not alive or do not qualify under the restrictions, the assets will probably pass to the ''contingent beneficiaries''. Other restrictions such as being married or more creative ones can be used by a benefactor to attempt to control the behavior of the beneficiaries. Some situations such as retirement accounts do not allow any restrictions beyond the death of the primary beneficiaries, but trusts allow any restrictions that are not illegal or for an illegal purpose. The concept o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Will (law)
A will and testament is a legal document that expresses a person's (testator) wishes as to how their property ( estate) is to be distributed after their death and as to which person ( executor) is to manage the property until its final distribution. For the distribution (devolution) of property not determined by a will, see inheritance and intestacy. Though it has been thought a "will" historically applied only to real property, while "testament" applied only to personal property (thus giving rise to the popular title of the document as "last will and testament"), records show the terms have been used interchangeably. Thus, the word "will" validly applies to both personal and real property. A will may also create a testamentary trust that is effective only after the death of the testator. History Throughout most of the world, the disposition of a dead person's estate has been a matter of social custom. According to Plutarch, the written will was invented by Solon. Originally ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Heir Presumptive
An heir presumptive is the person entitled to inherit a throne, peerage, or other hereditary honour, but whose position can be displaced by the birth of a person with a better claim to the position in question. This is in contrast to an heir apparent, whose claim on the position cannot be displaced in this manner. Overview Depending on the rules of the monarchy, the heir presumptive might be the daughter of a monarch if males take preference over females and the monarch has no sons, or the senior member of a collateral line if the monarch is childless or the monarch's direct descendants cannot inherit either because #they are daughters and females are completely barred from inheriting #the monarch's children are illegitimate, or #some other legal disqualification, such as ##being descended from the monarch through a morganatic line or ##the descendant's refusal or inability to adopt a religion the monarch is required to profess. The subsequent birth of a legitimate child t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jerry Lewis
Jerry Lewis (born Joseph Levitch; March 16, 1926 – August 20, 2017) was an American comedian, actor, singer, filmmaker and humanitarian, with a career spanning seven decades in film, stage, television and radio. Famously nicknamed as "The King of Comedy", he is regarded as one of the greatest comedians of the 20th century. His fame rose to prominence together with singer Dean Martin, billed as Martin and Lewis, in 1946 and for ten years, the two did a series of sixteen buddy-comedy films, along with The Colgate Comedy Hour, their televised run on ''The Colgate Comedy Hour'', live stage performances, guest spots on other shows and a The Martin and Lewis Show, radio series. After the team's split in 1956, Lewis became a highly popular solo movie star in twenty-nine motion pictures from 1957 to 1972, including the critically acclaimed smash hit ''The Nutty Professor (1963 film), The Nutty Professor'' (1963). For television, he hosted ''The Jerry Lewis Show'' (both the Ameri ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nepotism
Nepotism is the act of granting an In-group favoritism, advantage, privilege, or position to Kinship, relatives in an occupation or field. These fields can include business, politics, academia, entertainment, sports, religion or health care. In concept it is similar to cronyism. The term originated with the assignment of nephews, sons, or other relatives to important positions by Catholic popes and bishops. It has often been witnessed in Autocracy, autocracies, whereby Aristocracy, traditional aristocracies usually contested amongst themselves in order to obtain leverage, status, etc. Nepotism has been criticized since ancient history by philosophers including Aristotle, Thiruvalluvar, Valluvar, and Confucius, condemning it as both evil and unwise. Origins The term comes from Italian word ''nepotismo'',"Nepotism." Dictionary.com. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Matrilineal
Matrilineality, at times called matriliny, is the tracing of kinship through the female line. It may also correlate with a social system in which people identify with their matriline, their mother's lineage, and which can involve the inheritance of property and titles. A matriline is a line of descent from a female ancestor to a descendant of either gender in which the individuals in all intervening generations are mothers. In a matrilineal descent system, individuals belong to the same descent group as their mothers. This is in contrast to the currently more popular pattern of patrilineal descent from which a family name is usually derived. The matriline of historical nobility was also called their enatic or uterine ancestry, corresponding to the patrilineal or "agnatic" ancestry. Early human kinship Scholars disagree on the nature of early human, that is, Homo sapiens, kinship. In the late 19th century, most scholars believed, influenced by Lewis H. Morgan's book ' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Personal Property
Personal property is property that is movable. In common law systems, personal property may also be called chattels or personalty. In civil law (legal system), civil law systems, personal property is often called movable property or movables—any property that can be moved from one location to another. Personal property can be understood in comparison to real estate, immovable property or real property (such as land and buildings). Movable property on land (larger livestock, for example) was not automatically sold with the land, it was "personal" to the owner and moved with the owner. The word ''cattle'' is the Old Norman language, Norman variant of Old French ''chatel'', chattel, and today cheptel (derived from Latin ''capitalis'', "of the head"), which was once synonymous with general movable personal property. Classifications Personal property may be classified in a variety of ways. Intangible Intangible personal property or "intangibles" refers to personal property t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
