Inheritance -
For probate purposes: Receipt of property from an intestate decedent, by right of succession rather than by will.
For community property characterization or estate tax purposes: receipt of property simply as a result of death.
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The content in this glossary is general in nature and is intended for informational purposes only.
It is not intended to provide specific advice or recommendations for any individual or organization,
because the facts and circumstances surrounding each situation differ. Please consult your attorney,
tax advisor or other professional advisor for advice on your particular situation.
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