legal asset

A decedent’s asset that by law is subject to the claims of creditors or legacies.

— Also termed probate asset. [Cases: Executors and Administrators 38. C.J.S. Executors and Administrators §§ 2, 121, 130.]

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词条贡献者

译者Jenna，毕业于法国顶尖的高级翻译学院，擅长翻译有关互联网与电子商务领域的法律文件。