(Of A,, Etc) Having or Involving or That or T He Involving A Obligation That Equals or The Laborious

1. Gratuitous - Bestowed or granted without consideration or exchange for something of value.
The term gratuitous is applied to deeds, bailments, and other contractual agreements.
2. Onerous - (of
a contract, lease, etc) having or
involving burdens or obligationsthat counterbalance or outweigh t
he advantages.
involving a legal obligation that equals or exceeds the benefits.
burdensome; laborious
3. Succession - he taking over of a previous official's office, rank, or duties by a new person;
the process by which a decedent's property or rights passes to the inheritors thereof,
under the laws of descent and distribution. See also descent. intestate succession.
4. Testamentary- Testamentary means related to a will. One appointed by will
or testament may receive letters testamentary, authorizing them to
distribute the assets.
5. Intestate - One who, having lawful power to make a will, has made none, or one which is
defective in form.
6. Decedent - An individual who has died. The term literally means "one who is dying," but
it is commonly used in the law to denote one who has died, particularly someone who
has recently passed away. A decedent's estate is the real and Personal Property that
an individual owns upon his or her death.
7. Inheritance -
Property received from a decedent, either by will or through state laws of intestate succession, wh
ere the decedent has failedto execute a valid will.
8. Heirs - is a person who is entitled to receive a share of the deceased's (the person who
died) property, subject to the rules of inheritance in the jurisdiction of which the
deceased was a citizen or where the deceased (decedent) died or owned property at the
time of death.
9. Legitime - also known as a forced share or legal right share, of a decedent's estate is
that portion of the estate from which he cannot disinherit his children, or his parents,
without sufficient legal cause.
10. Consanguinity - is the degree of relationship of family members who share at least one
common ancestor. It is the blood-relationship (cognatio naturalis), or the natural bond
between persons descended from the same stock.
11. Codicil - a document executed in testamentary form that acts as an amendment and
supplement to a will. ... An addition or supplement to a will; it must be executed with the
same solemnities. A codicil is a part of the will, the two instruments making but one will.
12. Will - or testament is a legal document by which a person, the testator, expresses their
wishes as to how their property is to be distributed at death, and names one or more
persons, the executor, to manage the estate until its final distribution.
13. Disinheritance - The act by which a person deprives his heir of an inheritance, who,
without such act, would inherit. ... By the common law, any one may give his estate to a
stranger, and thereby disinherit his heir apparent.
14. Estate - The totality of an individual's ownership of money, real and personal property.
decedent's estate. Such assets after the death of the owner, as involved in the probate
of a will or an intestacy proceeding.
15. Reciprocity - In international relations and treaties, the principle of reciprocity states
that favours, benefits, or penalties that are granted by one state to the citizens
or legal entities of another, should be returned in kind.
16. Surviving spouse - n unmarried taxpayer whose spouse has been deceased for less
than two taxable years, and who provides a home for one or more dependents of the
deceased.
17. Special power of appointment - An express power of appointment conferred on

a individual or, more commonly, the trustees of a trust, that enables them to
direct (or redirect) given assets in favour of a particular beneficiary (or
beneficiaries).
- s exercisable only to a group of persons defined in the trust instrument (for example, to
the group comprised of the Trustors issue) or in favor of someone other than the holder,
the holders estate, the holders creditors, or the creditors of the holders estate. Property
subject to a special power of appointment is not included in the holders estate.
- the property subject to such power shall be excluded from the gross
estate because the decedent had already relinquished interest over
the property.
18. Ordinary deductions -

19. Special deductions
20. Gross estate - consists of all properties (real or personal- tangible or
intangible owned by a decedent at the time of his death however, it shall
not include the separate properties of the surviving spouse.

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1. Gratuitous - Bestowed or granted without consideration or exchange for something of value.

17. Special power of appointment - An express power of appointment conferred on

18. Ordinary deductions -

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