Examlex
Important limitations of Kohlberg's theory are that moral reasoning doesn't always predict moral behavior, and people don't necessarily respond to real-life dilemmas in the way that they respond to hypothetical dilemmas.
Probate
The legal process of verifying a deceased person's will and administering their estate.
Personal Exemption
A specific amount that taxpayers could previously subtract from their gross income for themselves and each of their dependents. Note: As of my last update, changes in tax law may have affected this term.
Estate Income Tax
A tax imposed on the income generated by an estate during the period of administration.
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