Distribution Law
/ˌdɪstrɪˈbjuːʃən lɔː/
Definitions
- (n.) A legal principle or rule governing the allocation or apportionment of property, assets, or liabilities among parties, often seen in wills, estates, or property law.
The court applied the distribution law to determine how the deceased's assets should be divided among the heirs.
Related terms
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Commentary
The term often appears in the context of estate and trust administration; clarity in drafting ensures proper allocation of rights and obligations.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.