Taxation of Estates and Gifts
Usufruct
A usufruct is the legal right to use and derive benefit from property belonging to someone else as long as the property is not damaged.
E.g., picking fruit
It is pronounced like "yoo-ze-frukt".
A usufruct is the legal right to use and derive benefit from property belonging to someone else as long as the property is not damaged.
E.g., picking fruit
It is pronounced like "yoo-ze-frukt".