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 life estate is a legal arrangement to transfer property automatically upon a personâs death. One person is given an interest in the property for his or her lifetime. This person is called a life tenant (LT). At the death of the life tenant, property will pass automatically to one or more other individuals or organizations. The people or organizations that receive the property at death are called remaindermen.