Definitions for "Estate" Add To Word List
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Settled condition or form of existence; state; condition or circumstances of life or of any person; situation.
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A person of high rank.
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A property which a person possesses; a fortune; possessions, esp. property in land; also, property of all kinds which a person leaves to be divided at his death.
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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.
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Tom settle as a fortune.
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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.
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A large amount of land, houses and farms, usually owned by a single person or group.
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The nature and extent of one's interest in land. (Hogue, Arthur R. Origins of the Common Law, 256)
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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.
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All assets owned and liabilities owed at the time of a person's death.
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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.
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everything that a person owns or has an interest in.
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An individual's property and assets -- including real estate, bank accounts, life insurance policies, stocks, and personal property such as automobiles and jewelry.
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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.
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The interest which one may have in lands or other property. It may also refer to the property of a deceased person.
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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.
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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
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a landed property
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The assets left by a person at death.
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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).
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All property, both real (land, buildings) and personal (automobiles, clothing, money, etc.), that one owns.
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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.
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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.
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A general term usually used to refer to all the property owned by a person at the time of death.
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Everything you possess, including your property and any items of value.
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The type, extent, and the level of interest or involvement an individual has in a real estate property.
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Your estate is the legal term for the total value of all you own when you die.
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The property that not only grows grapes but produces the wine from its own vineyard.
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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.
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All property and debts left by a deceased person managed by an executor chosen by the deceased.
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All the property belonging to a person at death.
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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.
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Generally it means all the property one ownes until he dies.
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assets and liabilities of the deceased.
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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.
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refers to previously owned jewelry or timepieces that are being sold for at least the second time. See also antique and contemporary.
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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.
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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.
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The assets and liabilities left by you when you die.
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The total collection of a decedent's assets whether or not they pass through probate.
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The term used to represent all of an individual or couple's personal assets.
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A separate taxable entity that comes into being on the death of a taxpayer. An estate comprises the decedent's property.
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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.
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The net value of all your assets and liabilities.
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1. Interest in real estate 2. Property left by decedent, both real and personal 3. Property of a ward, both real and personal
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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").
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The property or plantation where the tea is grown, an estate may have more than one garden.
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An individual's possessions and property, relevant practically at the time of death.
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The legal term referring the total of a persons personal assets including property, cash, possessions, etc. at the time of death. ( )
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Everything you leave behind at the time of your death. Usually money or property. See also: Assets
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The property left by a person who has died. Also, the right of a living person to certain property.
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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.
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The aggregate of possessions, including real rights, movable and immovable property, and personal and real property of an individual or a corporation.
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Everything a person owned at the time of their death.
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The property, money and possessions of the deceased person.
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Everything of value (all property) that a person owns while living or at the time of death.
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All the property you own or have an interest in, less the liabilities you owe.
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cash, securities and property held by a decedent at the time of death
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the things a person owns whether the person is living or dead.
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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.
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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.
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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.
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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
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All property owned by a person when they die.
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This is the total of your possessions when you die.
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The assets of an individual comprising total worth
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A Term used to denote previously owned jewelry and is not intended to specify age or to imply that the item is an antique
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