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PROPERTY

alluvion

Alluvion is the slow accretion or erosion of soil, sand, and other parts of land. Water usually causes alluvion by moving the shoreline over time. In some areas located besides rivers and oceans, land can continuously change its shape through the daily movement of water. If land becomes eroded, the owner of the property where the erosion occurred loses right to any removed part of the property.

alternate beneficiary

An alternate beneficiary is someone who will benefit from or gain ownership of property only if the primary beneficiary is unable or unwilling to take ownership. An alternative beneficiary in property law arises when someone bequests property to someone else, and if that person does not want or is unable to accept the property, the property can be willed to a designated alternative beneficiary.

ancillary probate

Ancillary probate is a secondary proceeding required in another state than the original probate proceeding. This secondary proceeding is required where the deceased left property or assets in more than one state, and because each state has different property laws, a probate proceeding must be made in each state where property is located. 

[Last reviewed in June of 2021 by the Wex Definitions Team]

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