What does terminable interest mean?
Definitions for terminable interest
ter·minable in·ter·est
This dictionary definitions page includes all the possible meanings, example usage and translations of the word terminable interest.
Princeton's WordNet
terminable interestnoun
an interest in property that terminates under specific conditions
ChatGPT
terminable interest
A terminable interest is a legal term referring to any interest in property or assets that ends or can be revoked at a certain point in time or upon the occurrence of a certain event. This can include the death of the holder of the interest, the expiration of a designated time period, or the transfer of the interest to another person. In the context of estate planning, such interests may not qualify for the marital deduction, meaning they can be subject to taxation.
Matched Categories
Numerology
Chaldean Numerology
The numerical value of terminable interest in Chaldean Numerology is: 7
Pythagorean Numerology
The numerical value of terminable interest in Pythagorean Numerology is: 2
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"terminable interest." Definitions.net. STANDS4 LLC, 2024. Web. 26 Apr. 2024. <https://www.definitions.net/definition/terminable+interest>.
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