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.
The deed used to create the life estate is typically recorded with the local government office for keeping real estate records. Additionally, a life estate can be created using a will. The maker of the will can leave the property to a trust that names one person the life tenant and another person the remainderman. In a few states, a life estate is created as a matter of law for a surviving spouse in the real estate owned by the deceased spouse.