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trusts, inheritances & estates

abandon

Abandon refers to the act of abandonment. A party can “abandon” in multiple fields of law and abandoning generally, though not always, involves voluntarily giving up a right.

See abandonment for more information. 

[Last reviewed in June of 2022 by the Wex Definitions Team]

accretion

Accretion from natural causes (also referred to as alluvion) adds soil, sand, and other types of earth to the part of a person’s property that borders water. While this occurs very slowly, a piece of property may grow a lot over time and increase its value. Any addition to one’s property by accretion becomes that person’s legal property. This is in contrast with avulsion, where the original owner of the moved earth continues to own it.

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