Hernia Surgery Cost. The average price for a hernia repair in a hospital is $14,000 but this is only the facility fee and does not include the surgeon, anesthesia or other miscellaneous fees. We provide an all inclusive package price which is a small fraction of this.The actual cost of. . .he average price for a hernia repair in a hospital is $14,000 but this is only the facility fee and does not include the surgeon, anesthesia or other miscellaneous fees. We provide an all inclusive package price which is a small fraction of this. The actual cost of. . .
DEFINITION of 'Life Estate'. A type of estate that only lasts for the lifetime of the beneficiary. A life estate is a very restrictive type of estate that prevents the beneficiary from selling the property that produces the income before the beneficiary's death. But the estate cannot continue beyond the life of the beneficiary.
A person who has a life estate must maintain the property. This duty includes common upkeep so the property does not deteriorate. It also includes paying bills associated with the property, such as real estate taxes and insurance. A life estate owner has full rights to use the property during his lifetime. He may also lease or sell his interest in the life state, although he cannot sell the property itself. Life estates interests always end when the original life estate owner dies. Therefore, they can be difficult to sell or lease long term.