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Alienability

   Also found in: Legal, Encyclopedia, Wikipedia 0.07 sec.
al·ien·a·ble  (ly-n-bl, l--)
adj.
Transferrable to the ownership of another.
alien·a·bili·ty n.


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Our common-law system favors the free alienability of property; an individual without creditor concerns is free to dispose of his property as he sees fit, whether in the form of charitable gifts or gifts to children, to a spouse or in trust.
Integrated estate planning with foreign-situs trusts by Engel, Barry S. / The Tax Adviser
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