inheritance tax
Defined in 4 dictionaries — Case Law, Ballentine's (1916), Bouvier (1914), Black's (1910)
Definitions from Case Law
From 222 U.S. 525 - Fred Keeney v. Comptroller of the State of New York · 1912Most cited · 218 citing opinions
inheritance taxes have been sustained on the ground that no one has the natural right to acquire property by will or descent, and if the state permits such acquisition, it may require the payment of a tax as a condition precedent to the right of using that privilege. ... There is no natural right to create artificial and technical estates with limitations over, nor has the remainderman any more right to succeed to the possession of property under such deeds than legatees and devisees under a will. The privilege of acquiring property by such an instrument is as much dependent upon the law as that of acquiring property by inheritance.
Ballentine's Law Dictionary
James A. Ballentine · 1916
Bouvier's Law Dictionary and Concise Encyclopedia
John Bouvier; revised by Francis Rawle · 1914
See Tax.
Black's Law Dictionary
Henry Campbell Black, M.A. · 1910
See Inheritance.
Defined under Tax in Black's Law Dictionary.