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.
Property Interest Law and Legal Definition. Property interest refers to the extent of a person's or entity's rights in property. It deals with the percentage of ownership, time period of ownership, right of survivorship, and rights to transfer or encumber property. Some of the types of ownership interests of real property include: Life Estate - A life estate is where a person owns all the benefits of ownership in the property during their life, or the life of another, with the property going to a remainder person after the death of the life tenant.