hotchpot
hotch·pot
H0290800 (hŏch′pŏt′)hotchpot
(ˈhɒtʃˌpɒt)hotch•pot
(ˈhɒtʃˌpɒt)n.
单词 | hotchpot |
释义 | hotchpothotch·potH0290800 (hŏch′pŏt′)hotchpot(ˈhɒtʃˌpɒt)hotch•pot(ˈhɒtʃˌpɒt)n. hotchpotHotchpotThe process of combining and assimilating property belonging to different individuals so that the property can be equally divided; the taking into consideration of funds or property that have already been given to children when dividing up the property of a decedent so that the respective shares of the children can be equalized. hotchpotn. the putting together, blending or mixing of various properties in order to achieve equal division among beneficiaries or heirs. There may be cash, securities, personal belongings, and even real estate which are part of the residue of an estate to be given to "my children, share and share alike." To make such distribution possible, all of the items are put in the hotchpot and then divided. hotchpotthe mixing together of property belonging to different persons with a view to dividing it equally. In English succession law it describes the bringing into account of the benefits received by a beneficiary prior to the death of an intestate. All advances to children must be taken into account: Administration of Estates Act 1925. It has been abolished for deaths after 1995. For Scotland, see COLLATIO INTER HAEREDES, COLLATIO INTER LIBEROS.HOTCHPOT, estates. This homely term is used figuratively to signify the blending and mixing property belonging to different persons, in order to divide it equally among those entitled to it. For example, if a man seised of thirty acres of land, and having two children, should, on the marriage of one of them, give him ten acres of it, and then die intestate seised of the remaining twenty; now, in order to obtain his portion of the latter, the married child, must bring back the ten acres he received, and add it to his father's estate, when an equal division of the whole will take place, and each be entitled to fifteen acres. 2 Bl. Com. 190. The term hotchpot is also applied to bringing together all the personal estate of the deceased, with the advancements he has made to his children, in order that the same may be divided agreeably to the provisions of the statute for the distribution of intestate's estates. In bringing an advancement into hotchpot, the donee is not required to account for the profits of the thing given; for example, he is not required to bring into hotchpot the produce of negroes, nor the interest of money. The property must be accounted for at its value when given. 1 Wash. R. 224; 17 Mass. 358; 2 Desaus. 127.; 3 Rand. R. 117; 3 Pick. R. 450; 3 Rand. 559; Coop. Justin. 575. |
随便看 |
|
英语词典包含2567994条英英释义在线翻译词条,基本涵盖了全部常用单词的英英翻译及用法,是英语学习的有利工具。