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LSDefine

Simple English definitions for legal terms

direct inheritance

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A quick definition of direct inheritance:

Direct inheritance refers to two things. First, it means that when someone dies and leaves money or property to someone else, it goes straight to that person without going through a middleman like a trust. Second, it means that the person who gets the inheritance is closely related to the person who died, like a child or parent. Sometimes, the rules about how much tax you have to pay on an inheritance depend on whether it's a direct inheritance or not. This means that if you're not closely related to the person who died, you might have to pay more tax. It's important to check the rules in your area to see if you qualify as a direct inheritor.

A more thorough explanation:

Direct inheritance

Direct inheritance refers to two different things. Firstly, it means inheritances that go straight to the heir without going through an intermediary like a trust. Secondly, it refers to heirs who are closely related to the person who has passed away, such as their children or parents. In some places, the amount of tax you pay on an inheritance depends on whether it is a direct or collateral inheritance. Direct inheritances are often taxed less or not at all. The laws in each area will determine who is considered a direct inheritor.

Example 1: John's father passed away and left him a house. This is an example of direct inheritance because the house went straight to John without going through a trust or any other intermediary.

Example 2: When Sarah's grandmother passed away, she left her jewelry to Sarah's mother. Since Sarah's mother is a direct inheritor (grandmother to mother to daughter), she did not have to pay any inheritance tax on the jewelry.

These examples illustrate direct inheritance because in both cases, the inheritance went straight to the heir without going through an intermediary. Additionally, in the second example, Sarah's mother did not have to pay any inheritance tax because she was a direct inheritor.

direct infringement | directed trust

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MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
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