hotchpot

American  

[hoch-pot] / ˈhɒtʃˌpɒt /

noun

Law.

1. the bringing together of shares or properties in order to divide them equally, especially when they are to be divided among the children of a parent dying intestate.

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hotchpot British  

/ ˈhɒtʃˌpɒt /

noun

1. property law the collecting of property so that it may be redistributed in equal shares, esp on the intestacy of a parent who has given property to his children in his lifetime

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Etymology

Origin of hotchpot

1250–1300; Middle English hochepot < Anglo-French, literally, shake-pot. See hotch, pot ¹

Example Sentences

A “hotchpot clause” in your will ensures fairness by effectively deducting the advance gifts from their inheritance share, retroactively calculating what each heir has already received.

From MarketWatch

A “hotchpot clause” in your will ensures fairness by effectively deducting the advanced gifts from their inheritance share, retroactively calculating what each heir has already received and helping to ensure that both grandnieces get an equal amount.

From MarketWatch

A “hotchpot clause” in your will ensures fairness by effectively deducting the advanced gifts from their inheritance share, retroactively calculating what each heir has already received and helping to ensure that everyone gets an equal amount.

From MarketWatch

“A hotchpot clause is not asking for the gift to be repaid to the testator’s estate. It is merely recognizing its existence so that the beneficiary’s share in the estate can be reduced and the end result is that all children have received the same benefit overall.”

From MarketWatch

Hotchpotch, hoch′poch, Hotchpot, hoch′pot, Hodgepodge, hoj′poj, n. a confused mass of ingredients shaken or mixed together in the same pot: a kind of mutton-broth in which green peas take the place of barley or rice.—Hotchpot, a commixture of property in order to secure an equable division amongst children.

From Project Gutenberg