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 person who holds a life estate has the right to possess the property during his or her lifetime. The interest that passes at the ownerâs death is called a remainder or remainder interest. The person who holds a remainder interest does not have the right to possess the property until the life tenantâs death. The Life Estate Deed transfers the two different types of interest (the life estate and remainder interest) to different owners. There are three categories of owners: Current Owner (Grantor) â The person creating the deed is called the grantor. New Owner (Life Tenant) â The person who owns the life estate is called the life tenant.