Define: Hotchpot

Hotchpot
Hotchpot
Quick Summary of Hotchpot

The reunion and blending together of properties for the purpose of securing equal division, especially of the property of an intestate parent.

What is the dictionary definition of Hotchpot?
Dictionary Definition of Hotchpot
n. the putting together, blending or mixing of various properties in order to achieve equal division among beneficiaries or heirs. There may be cash, securities, personal belongings, and even real estate which are part of the residue of an estate to be given to "my children, share and share alike." To make such distribution possible, all of the items are put in the hotchpot and then divided.
  1. Hodgepodge; miscellaneous collection
  2. civil law The blending together of property so as to achieve equal division, especially in the case of divorce or intestacy
Full Definition Of Hotchpot

In civil and property law, hotchpot is the blending, combining or offsetting of property to ensure equality of a later division of property.

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This glossary post was last updated: 29th March, 2024.

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