Encyclopedia > Patrimony

  Article Content

Patrimony

1. Property or other legal entitlements inherited from (or through) one's father, especially if it has been handed down through generations in the same family.

2. In civil law systems the sum total of all personal and real entitlements, including movable[?] and immovable[?] property, belonging to a real person[?] or a moral person[?]. Similar to the common law concept of one's estate, though applied differently. All persons have a patrimony. Patrimonies may also exist independent of persons such as the patrimony of affectation, similar but substantially different from the common law trust or the patrimony of a foundation when it is a social trust[?]. See also family patrimony.

This article is a stub. Please if you are knowledgeable you can help improve this article.



All Wikipedia text is available under the terms of the GNU Free Documentation License

 
  Search Encyclopedia

Search over one million articles, find something about almost anything!
 
 
  
  Featured Article
Jamesport, New York

... age of 18 living with them, 60.7% are married couples living together, 8.8% have a female householder with no husband present, and 28.1% are non-families. 24.0% of all ...

 
 
 
This page was created in 31 ms