INTESTACY - определение. Что такое INTESTACY
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Что (кто) такое INTESTACY - определение

CONDITION OF THE ESTATE OF A PERSON WHO DIES WITHOUT HAVING MADE A VALID WILL OR OTHER BINDING DECLARATION
Intestate succession; Intestate; Intestacy Rules; Testate; Intestate property; Descent and distribution; Public Administrator; Law of descent; Law of descent and distribution

intestacy         
n. the condition of having died without a valid will. In such a case if the dead party has property it will be distributed according to statutes, primarily by the law of descent and distribution and others dealing with marital property and community property. In probate the administration of the estate of a person without a will is handled by an administrator (usually a close relative, the spouse, a close associate) or a public administrator if there is no one willing to act, since there is no executor named in a will. In most states an administrator must petition the court to be appointed and must post a bond from an insurance company guaranteeing that it will pay the value of the assets he/she/it may steal or misuse. See also: intestate probate will
Intestacy         
·noun The state of being intestate, or of dying without having made a valid will.
intestate succession         
n. the distribution when a person dies without leaving a valid will and the spouse and heirs will take (receive the possessions) by the laws of descent and distribution and marital rights in the estate which may apply to a surviving spouse. Collectively these are called the laws of intestate succession. See also: intestacy intestate

Википедия

Intestacy

Intestacy is the condition of the estate of a person who dies without having in force a valid will or other binding declaration. 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, refers to the body of law (statutory and case law) that determines who is entitled to the property from the estate under the rules of inheritance.

Примеры употребления для INTESTACY
1. If there is no will, the estate is shared according to strict intestacy rules.
2. If you don‘t make a new will your civil partner will have statutory rights as a spouse under current intestacy rules – the law that governs what happens to people‘s estates when they die.
3. John Riches, chairman of Step, said that under the statutory rules on intestacy anyone with children who dies without making a will has a trust automatically set up for the family.
4. They died without a will and under the intestacy rules their son would have inherited their estate, but he was barred because the law stops killers profiting by their crimes.
5. Scroll down for more ... Court case: Mr Man and his wife Bee Lian Man, say Golda Bechal was one of the family They are asking a judge to rule that the will is invalid and that they should therefore inherit under an intestacy.