The degree, quality, nature, and extent of one's interest in, or ownership of, lands, tenements, etc.; as, an estate for life, for years, at will, etc.
An estate is simply everything you own. Your home, other real estate, bank accounts, investments, retirement benefits, IRAs, insurance policies, collectibles, and personal belongings are all considered as part of your estate.
A large amount of land, houses and farms, usually owned by a single person or group.
The nature and extent of one's interest in land. (Hogue, Arthur R. Origins of the Common Law, 256)
For inheritance tax, a person's estate is made up of assets in the sole name of the deceased, their share of any jointly owned assets, the assets in a trust in which the deceased had the right to benefit, any ' nominated' assets, and any assets they have given away, but kept an interest in (see gift with reservation). The total of all these assets is added to the chargeable value of any gifts made within seven years of the death to work out the amount on which tax is charged.
All assets owned and liabilities owed at the time of a person's death.
All that one owns in property and other assets. Commonly all the possessions of one who has died that are subject to probate and distribution to heirs and beneficiaries.
everything that a person owns or has an interest in.
An individual's property and assets -- including real estate, bank accounts, life insurance policies, stocks, and personal property such as automobiles and jewelry.
Applies to all that a person owns. An estate consists of personal property (car, household items, and other tangible items), real property, and intangible property, such as stock certificates and bank accounts, owned in the individual name of a person.
The interest which one may have in lands or other property. It may also refer to the property of a deceased person.
The assets, debts, and property left by someone at the time of his or her death. Life insurance proceeds are generally added to the estate.
The property belonging to a person. Usually used to describe the property left by a person on their death or the property which a person held at the time of bankruptcy.• Death
The assets left by a person at death.
An estate consists of personal property (car, household items, and other tangible items), real property, and intangible property, such as stock certificates and bank accounts, owned in the individual name of a person at the time of the persons death. It does not include life insurance proceeds unless the estate was made the beneficiary) or other assets that pass outside the estate (like joint tenancy asset).
All property, both real (land, buildings) and personal (automobiles, clothing, money, etc.), that one owns.
1.The ownership interest which a person has in real property; must be an interest which is, or can become, a possessory interest. 2.The property left by a decedent. See also, remainder and reversion.
Made up of 1 or more farms, provided that they adjoin. The farms grows their own grapes and make their wine in their own cellar. Generally the wines are bottled on the estate. Some estate wines are bottled and matured by wholesalers.
A general term usually used to refer to all the property owned by a person at the time of death.
Everything you possess, including your property and any items of value.
The type, extent, and the level of interest or involvement an individual has in a real estate property.
Your estate is the legal term for the total value of all you own when you die.
The property that not only grows grapes but produces the wine from its own vineyard.
All assets a person owns at the time of death, including securities, real estate, business interests, physical property, and cash, less outstanding liabilities. The estate is distributed to heirs according to the terms of the person's will or, if there is no will, by court ruling.
All property and debts left by a deceased person managed by an executor chosen by the deceased.
All the property belonging to a person at death.
All assets owned by an individual at death, to be distributed according to the individual's will (or a court ruling if there is no will). see also real estate, administrator, beneficiary, decedent, executor, gross estate, net estate, inheritance.
Generally it means all the property one ownes until he dies.
assets and liabilities of the deceased.
Property left by a person who has died. The executors will collect all the assets of the estate and distribute them to the beneficiaries in accordance with the terms of the dead person's will, or intestacy rules if there was no will left.
refers to previously owned jewelry or timepieces that are being sold for at least the second time. See also antique and contemporary.
Estate is the term that refers to the total valuation of your investments, property owned, and liquid cash available at the time of your death. Estate and the term "financial worth" are used interchangeably. You might base how much life insurance you purchase on your estate value, and that relationship might actually be an inverse one, i.e., the more your estate is worth, the less life insurance you might need to purchase.
The total property owned by a person at the time of death. It is distributed according to the terms of a will, if one exists, or by inheritance laws as applied in probate proceedings.
The assets and liabilities left by you when you die.
The total collection of a decedent's assets whether or not they pass through probate.
The term used to represent all of an individual or couple's personal assets.
A separate taxable entity that comes into being on the death of a taxpayer. An estate comprises the decedent's property.
The assets of a deceased person, all or part of which may be gifted to the Eastern Michigan University Foundation to benefit the institution's programs.
The net value of all your assets and liabilities.
1. Interest in real estate 2. Property left by decedent, both real and personal 3. Property of a ward, both real and personal
Most commonly used to describe the property of a decedent that is administered by an executor or administrator and distributed according to the will or laws of intestacy. (sometimes called the "probate estate"). The term is not limited to the property of a decedent, and can also be used to refer to the property of a minor, incapacitated person, bankrupt, or trustee that is administered by a guardian or trustee. Or it can be used to describe certain interests in property (such as "life estate"). And it is frequently used to describe all of the property subject to estate tax at death (the "gross estate" or "taxable estate").
The property or plantation where the tea is grown, an estate may have more than one garden.
An individual's possessions and property, relevant practically at the time of death.
The legal term referring the total of a persons personal assets including property, cash, possessions, etc. at the time of death. ( )
Everything you leave behind at the time of your death. Usually money or property. See also: Assets
The property left by a person who has died. Also, the right of a living person to certain property.
Old , collectable, used or antique items of interest or value. Originally used as a legal term for items from a deceased persons belongings but is generally used in a more broad way to include most used items with some value.
The aggregate of possessions, including real rights, movable and immovable property, and personal and real property of an individual or a corporation.
Everything a person owned at the time of their death.
The property, money and possessions of the deceased person.
Everything of value (all property) that a person owns while living or at the time of death.
All the property you own or have an interest in, less the liabilities you owe.
cash, securities and property held by a decedent at the time of death
the things a person owns whether the person is living or dead.
The estate of a company filing for Chapter 11 includes all assets of the company, i.e. all assets of the debtor including those which are located outside the United States.
The estate is all your non-exempt assets from which your creditors will be paid after sale of the assets. Where property of the estate is held by others, the court has the power to compel that person to turn the property over to the trustee for sale. I.E. a bank can be forced by the court to turn over the contents of a safety deposit box.
This is the term for your property and possessions which you can leave under your will. There are some assets which may not be left under your will - see Joint Property. Most pension provisions are not assets which can be left under the terms of a will or an intestacy.
All of the property and assets owned by you at the time of death. This property will be distributed according to your wishes as outlined in your Will, Trust or other document. If you do not have a document in place, your estate will be distributed
All property owned by a person when they die.
This is the total of your possessions when you die.
The assets of an individual comprising total worth
A Term used to denote previously owned jewelry and is not intended to specify age or to imply that the item is an antique
The total assets a person has when he dies, including real property.
The sum total of an individual's assets. Can include items such as monies, personal property, business interests, receivables, etc.
In the context of a person's death, the word 'estate' is used to define the totality of the assets or the value of the assets which that person owned as of the date of death and which will be distributed after their death. See also Will Close
All that a person owns, including both real and personal property. Also refers to the property that one leaves after death; the collective assets and liabilities of a dead person.
All assets of a person, both financial-like stocks, bonds, mutual funds and fixed deposits and physical-like a house and gold that can be passed on to his heirs.
A tea growing property that may include more than one garden under the same manger ship or ownership. In past tea estates where known as plantations.
An estate is the property owned, and debts owed, by the deceased person. When a person dies, all of his or her worldly property and debts become the "estate" of that person. The estate must be disposed of either in accordance to a Last Will and Testament, or if there is no will, under the laws of intestate succession.
The value of all of ones assets at their death.
The assets and belongings of a person who has died.
A property or holding, which may comprise more than one garden or plantation under the same management or ownership.
An interest in all types of assets, including real and personal property. This is generally used to describe the property of a decedent.
The assets and liabilities left by a decedent.
assets recovered or realised by a trustee for distribution to creditors
Generally, all the property an individual owns or controls at death, including retirement assets and life insurance. The term is also used to refer to the taxable entity that is created upon an individual's death.
the entire property of a person, both real (land and buildings) and personal, that the person has the power to give away in their will
The ownership interest held by an individual in a property.
The property administered for the benefit of creditors in a bankruptcy proceeding.
the property and debt belonging to a person that is left at death
All the property that the decedent owned or had an interest in on the date of death.
A person's property, including all their assets and debts. RELATED Testate succession (Glossary)
Total assets of a person who is recently deceased.
An estate consists of all the assets a person possesses at the time of death.
Assets and liabilities of a decedent, including land, personal belongings and debts.
This is property (financial or physical) that is owned by the a person while alive. It is to be appropriated to beneficiaries at the event of death.
The total amount of assets owned by a person.
A property or holding, which is comprised of a garden or plantation under one management or ownership.
All the assets owned by a decedent upon his or her death.
The degree, quantity, nature and extent of interest that a person has in land. (Back to Terms list)
The total sum of all the real property and personal property owned by a person at the time of death.
As applied to real estate, the term signifies the quantity of interest, share, right, equity, of which riches or fortune may consist in real property. The degree, quantity, nature and extent of interest which a person has in real property.
All the property a person owns.
Real and personal property owned by a person at the time of death (real property is land and anything permanently attached to it).
Assets and debts left by an individual at death.
(1) all ownership rights, title or other interest held in real or personal property. (2) all assets owned by an individual.... read full article
The Estate is the total of a persons possessions, (assets), less all of a persons liabilities i.e. debts
All your possessions, property and money i.e. everything you leave behind
The nature and extent of an owner's rights with respect to land or other property including debts.
The ownership interest of an individual in real estate.
This is the money, property, belongings and debts belonging to a person when they die.
Under the Bankruptcy and Insolvency Act, the name given to the file or bankruptcy estate.
The ownership interest of an individual in real property. The sum total of all the real property and personal property owned by an individual at time of death.
the property and debts of a deceased person.
A person's possessions. The extent of a person's interest in real property.
Most commonly, the quantity of wealth or property remaining at an individual's death. Also, the possessions of a minor or incompetent person; possessions of a bankrupt person or corporation; worldly goods of anyone.
All the property of a person; the file in bankruptcy
Everything belonging to you, and owed to you, at the time of your death.
The assets and liabilities of a person left at death.
All tangible property and possesions a person owns.
All property and debts belonging to a person
Everything a person owns, all real and personal property owned.
The property and rights of a decedent which exist prior to the distribution of that property in accordance with a will or pursuant to applicable intestacy provisions.
all the property a testator has the power to dispose of in a will.
The sum total or aggregate of a person's property.
the property of a deceased person: a right, title, or interest in that property
The word used to describe the collection of all assets of a deceased person. Also, the extent of interest a person has in real property.
means all of your assets - your personal property (including shares) and your real property (real estate), including any shared real estate (other than jointly owned property - see further below). Your estate can include property which you acquired after the time you made your will.
All of the property, real or personal, in which a person has a right or interest.
When a person dies, the estate is a legal term for the sum of all assets (property and personal effects/monies) owned by that person at the time of their death.
The ownership interest of a person in real property; also used to refer to the property left by a deceased person.
An Estate includes the property of a decedent, trust or other person whose affairs are subject to the law of Tile 14, A.R.S, as originally constituted and as it exists from time to time during administration. As it relates to a spouse, the estate includes only the separate property and the share of the community property belonging to the decedent or person whose affairs are subject to Title 14, A.R.S.
The ownership interest of a person in real property. Is also used to refer to a deceased person's property. And often used to describe a large house with spacious grounds
The total real and personal property owned by an individual at the time of his or her death.
all the property of a deceased person.
All property one owns, including real estate, chattel and investments.
All of a person's assets and liabilities.
Property of a decedent that is the subject of administration.
All of the personal and real property that you own at death.
all assets and liabilities left by a person who has died.
the property held by a person at the time of his or her death.
A person's assets that are earmarked to be passed down to specified beneficiaries, typically specified in a last will and testament.
1) The nature and extent of a person's interest in real property. 2) The term used to described the collection of assets of a deceased person.
The total of all the real estate and personal property owned by an individual at the time of death.
All assets a person owns at the time of death, such as securities, real estate, interests in business, life insurance, physical possessions and cash.
(1) A sizable piece of rural land usually with a large house and other pretentious improvements. (2) The whole of one's possessions, especially all of the property, assets, debts, and liabilities left by a deceased or bankrupt person. (3) The nature and extent of an owner's rights in real estate.
A collective term meaning all real and personal property owned by a person.
From the English feudal system, this defines the extent of one's ownership in a property.
One's interest in lands and any other subject of property.
Everything a person (alive or dead) owns and owes. There are different types of estates, like probate, nonprobate, trust and taxable estates. Probate estate: The property in someone's Will. Or, if they do not have a Will, the property the probate court handles. Nonprobate estate: The property the probate court does not handle. For example, if there's a trust or joint tenancy. Trust estate: Property in a trust. A trustee controls the trust. Taxable estate: The property subject to federal estate tax when a person dies. For example, life insurance.
Real and personal property and possessions; everything a person owns.
The assets and liabilities of a deceased person.
Both real and personal, tangible and intangible, and includes anything that may be the subject of ownership.
'Estate' is a person's total possessions. It includes goods, money and property of every kind. In particular, ‘estate' refers to the possessions that a deceased person leaves.
this term refers to a person's collective assets; the combined value of their savings, property and possessions minus any debts or other financial obligations.
The legal entity that succeeds a person at his or her death. The estate stays in existence until all debts and taxes are paid, and remaining assets are distributed to the individuals named in the will.
The entire group of assets owned by an individual at the time of his or her death. The estate includes all funds, personal effects, interests in business enterprises, titles to property-real estate and chattels, and evidences of ownership such as stocks, bonds and mortgages owned, notes receivable, etc. All claims against an estate must be duly filed with the Executor or Administrator of the estate, and approved by the court of law under which the will is being probated or the line of heritage is being determined before the indebtedness may be satisfied.
The assets of a person. Back
All properties owned by an individual when he/she dies.
A person's money, property and debts when he/she dies.
this word has a number of meanings depending on the context in which it is used. : The property or assets you own or have rights to. Also commonly referred to as your possessions.For federal estate tax purposes, it refers to all of a deceased person's estate taxable assets. It is also used to refer to those items of property that are subject to probate (sometimes referred to as "probate estate").
The total sum of your possessions, property and money (minus debts) left after your death.
The interest, right or ownership in personal and real property.
Your total assets (everything you own and all your money) when you die. Usually, people make certain gifts from their assets in the first section of their Will, and then sign the remainder or residue of the estate over to whoever they choose.
A person's total worth. All interests in property, investments and other assets minus all liabilities. All assets owned by an individual at death, to be distributed according to the individual's will (or a court ruling if there is no will).
The assets that you own which can be left under your will. There are items which may not be left under your will - see Joint Property. Most pension provisions are not assets which can be left under the terms of a will or intestacy.
The degree, quantity, nature and extent of ownership interest that a person has in real property.
A general term used to describe a person's real and personal property, less any encumbrance and debts.
A separate legal entity created by process of law to hold and manage the assets of a decedent while they are being administered and distributed under a court's jurisdiction. Also see “Bequest” and “Valuation date.
the sum total of a person's assets.
A term used to describe a plantation or garden where tea is grown.
(1) The interest or nature of the interest which one has in property, such as a life estate, the estate of a decreased, real estate, etc. (2) A large house with substantial grounds surrounding it, giving the connotation of belonging to a wealthy person.
The degree, quantity, nature, and extent of interest which a person has in land. And wife.
The term "estate" refers to all the assets you own at the time of your death.
The total assets of a person, including real property, at the time of death.
The real and personal property that an individual owns at death.
A taxable entity that is established upon the death of a taxpayer. It consists of all the decedent's property and personal effects. The estate exists until the final distribution of its assets to the heirs and other beneficiaries. During the period of administration, the executor must usually file a return.
The property owned by a person at death over which an executor or administrator is authorized to exercise control either by virtue of a Will or, in the absence of a Will, by the Probate Code.
All of a person's assets and debts at the time of his or her death.
In general, all of the property you own when you die.
Interests in real and/or personal property.
a right in property, or a quantity of interest a person has in property.
All the property owned and/or controlled by a person.
The degree, quantity, nature, and extent of a person's interest in real property.
This word has a number of meanings depending on the context in which it is used. For federal estate tax purposes, it refers to all of a deceased person's assets included in that person's estate for tax purposes (usually everything). It is also used to refer to those items of property that are subject to administration in the probate court. For example, life insurance owned by the decedent [can you define this as well?] and payable to a named beneficiary such as a surviving spouse is not part of the deceased person's estate subject to administration in the probate court. It is included in the deceased person's estate for federal estate tax purposes.
More properly used in connection with ownership of land. Generally used in a wider context, however, relating to one's personal possessions.
the whole of one's possessions, especially all the property and debts left by one at death.
The assets (including property) and liabilities of a decedent.
All of the property owned by a person.
A person's property, fortunes and possessions.
The extent of a person's interest in real property rights. Covers the total of all real property and personal property owned at time of death.
All of the property of a decedent, infant or trust as originally constituted, and as from time to time exists during administration.
Assets in the property which the debtor's Trustee can deal with to pay his/her creditors.
This is the total of all property owned by an individual.
The accumulated assets a person possesses at time of death. Assets include but are not limited to cash, real estate, investments, retirement accounts, ownership of business and personal possessions.
Established upon the death of a taxpayer, its value is that of all assets minus loans and liabilities. An estate may be taxable at state and local levels depending on its value.
The decedent's property, including real estate, personal property and all other assets owned or controlled by decedent at the time of his/her death.
The assets and debts left by a person who died. If there is a probate, the estate is called the "probate estate." If the person had a trust, the estate is called the "trust estate."
An estate consists of those things you own of value, such as real estate, art collections, collectibles, antiques, jewelry, investments, and life insurance.
The sum of everything you own at the time of your death. minus any debts or unpaid taxes.
All personal and real property (real estate, stocks, bonds, cash, retirement benefits, vehicles, jewelry and other personal assets) owned at death and all financial obligations owed at death.
Everything a person owns or has control of at the time of their death. This includes life insurance payable upon the person's death.
The assets and liabilities held by the executor or personal administrator or trustee at a person's death.
Total assets owned by a person at the time of their death.
Your estate is all that property, personal and real, in which you have an interest. It includes everything you own, from tangible property such as jewelry, cars, land, and buildings to intangible holdings such as stocks, bonds, and insurance proceeds.
The rights, titles or interests that a person -- living or deceased -- has in any property.
The rights and assets of a person in property
All of the property belonging to or vested in the bankrupt, subject to certain exceptions to satisfy the basic domestic needs of the bankrupt and his family.
A term that describes a person's ownership of a property. Estates show the kind of ownership arrangement that you have. In general, each type of estate specifies your claim on a property, how long the claim will last and the rights that go along with the claim. The two major types of estates are (1) freehold estates, which refer to property owners and (2) leasehold estates, which are for tenants.
Property and debts left by an individual at death.
The degree or extent of an interest one has in real estate or personal property.
the property – belongings and assets - left by an individual at the time of death, for dispersal among surviving heirs.
A term used to denote the total of all types of property owned by a person at a particular time, usually at his or her death.
personâ€(tm)s assets and liabilities.
your estate is made up of all the assets and associated liabilities if you should die. If you die while you are a member of a Superannuation Fund and you do not have any dependants, your death benefit will be paid to your estate and your benefit will be dealt with according to your Will (or if you do not have a Will, according to the law).
Everything you own or have a share in at the time of your death. For tax purposes this can include gifts made in the last seven years of your life.
the degree, nature, and extent of interest that a person has in real property. -- View Real Estate Listings
An individual's property and assets-including real estate, bank accounts, stocks, investment accounts and personal property such as automobiles and jewelry. Normally limited to assets solely in the name of a decedent at the time of death.
The right, title or interest which a person has in any property. Your estate consists of the assets owned by you at death which are governed by your will.
A right or interest in property or the property of a deceased person.
The commencement of a bankruptcy case creates an "estate." The estate technically becomes the temporary legal owner of all of the debtor's property. The debtor's creditors are paid from nonexempt properties of the estate.
The money and property of a deceased person.
Generally, all the property you own when you die.
Total assets of a person at the time of death, including real estate and personal.
The total assets of a person which can be valued in monetary terms.
Describes the extent and character of a person’s rights and interest in real property. Two types of estates frequently financed by mortgage lenders are the fee simple and the leasehold estate.
a tea growing property or holding that may include more than one garden under the same management or ownership.
All your possessions at the time of your death, including money and property.
The legal status or position of an owner with respect to property and other assets; total assets of a deceased person.
The nature and extent of interest that an individual has in real property (degree of ownership). Also, the combined total of all real and personal property owned by an individual at the time of their death.
The sum total, as determined by a complete inventory, of all assets of a decedent.
The degree, quantity, nature, and extent of interest which a person has in land. The property comprising the assets of a decedent.
In real estate it refers to the degree, quantity, nature, and extent of interest which a person has in real property, such as a fee simple absolute estate, an estate for years.
An estate comprises the houses and outbuildings and supporting farmland and woods that surround the gardens and grounds of a very large property, such as a country house or mansion. It is an "estate" because the profits from its produce and rents are sufficient to support the household in the house at its center. Thus "the estate" may refer to all other cottages and villages in the same ownership as the mansion itself.