Definition from Nolo’s Plain-English Law Dictionary
The passing of property or legal rights after death. The word commonly refers to the distribution of property under a states intestate succession laws, which determine who inherits property when someone dies without a valid will. When used in connection with real estate, the word refers to the passing of property by will or inheritance, as opposed to gift, grant, or purchase.
Definition provided by Nolo’s Plain-English Law Dictionary.
August 19, 2010, 5:25 pm