Legal Definition and Related Resources of Presumption Of Advancement
Meaning of Presumption Of Advancement
A rebuttable presumption , except in jurisdictions where statutes exclude such presumption, that a parent who during his lifetime makes a substantial gift to a child intends that such gift shall be an advancement , i.e., that such a gift shall represent the whole or the portion of the estate of the parent which the child will be entitled to inherit upon the parent’s death intestate .
Related Entries of Presumption Of Advancement in the Encyclopedia of Law Project
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Presumption Of Advancement in Historical Law
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Legal Abbreviations and Acronyms
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