18:49
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LSDefine
Simple English definitions for legal terms
in bonis defuncti
Read a random definition: deep issue
A quick definition of in bonis defuncti:
Ownership: Ownership refers to the bundle of rights that allow someone to use, manage, and enjoy property. It means that someone has the right to possess something, regardless of any actual or constructive control. Ownership rights are general, permanent, and heritable. Ownership can be shared by multiple people, restricted to a particular use, or limited in the extent of its enjoyment. There are different types of ownership, such as joint ownership, trust ownership, and contingent ownership.
A more thorough explanation:
Definition: Among the property of the deceased.
Example: When someone dies, their belongings become part of their estate. In bonis defuncti means that something is included in the deceased person's property.
Explanation: This term is used in legal contexts to refer to property that is part of a deceased person's estate. It means that the property is among the belongings that will be distributed according to the person's will or the laws of inheritance. For example, if someone dies and leaves behind a house, the house would be considered in bonis defuncti and would be part of the person's estate.