Section 267 Of Chapter 1. Definitions From California Probate Code >> Division 2. >> Part 8. >> Chapter 1.
267
. (a) "Interest" includes the whole of any property, real or
personal, legal or equitable, or any fractional part, share, or
particular portion or specific assets thereof, or any estate in any
such property, or any power to appoint, consume, apply, or expend
property, or any other right, power, privilege, or immunity relating
to property.
(b) "Interest" includes, but is not limited to, an interest
created in any of the following manners:
(1) By intestate succession.
(2) Under a will.
(3) Under a trust.
(4) By succession to a disclaimed interest.
(5) By virtue of an election to take against a will.
(6) By creation of a power of appointment.
(7) By exercise or nonexercise of a power of appointment.
(8) By an inter vivos gift, whether outright or in trust.
(9) By surviving the death of a depositor of a Totten trust
account or P.O.D. account.
(10) Under an insurance or annuity contract.
(11) By surviving the death of another joint tenant.
(12) Under an employee benefit plan.
(13) Under an individual retirement account, annuity, or bond.
(14) Under a transfer on death beneficiary designation in a deed
or other instrument.
(15) Any other interest created by a testamentary or inter vivos
instrument or by operation of law.