An estate is the net worth of a person at any point in time. It is the sum of a person's assets - legal rights, interests and entitlements to property of any kind - less all liabilities at that time. The issue is of special legal significance on a question of bankruptcy and death of the person. (See inheritance.)

Depending on the context, the term is also used in reference to an estate in land or of a particular kind of property (such as real estate or personal estate). The term is also used to refer to the sum of a person's assets only.

Contents

• 1 Inheritance
• 2 Bankruptcy
• 3 Legal estate in land
• 4 Equitable estates
• 5 See also
• 6 References

Noun

estate f. (plural estati)

1. summer

Related terms

• estivo

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In English law, Administration of an estate on death arises if the ... Letters of Administration (CGPLA) Estate planning ... Estate Managing; Estate Tax; Estate s; Estati; Real Estate
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• Resources (2)

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• Elder Law Lawyers@ (106)
• Estate Planning Lawyers@ (386)
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See also:

• Business: Financial Services: Financial Planning (427)

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• SaveWealth.com
  savewealth.com
  Information on estate planning and asset protection strategies.
• Planned Giving Design Center
  pgdc.com
  Providing planned giving specialists with resources they can use to advise clients and donors for advanced charitable gift planning.
• Ethical wills
  ethicalwill.com
  Information on drafting ethical wills, a way to share your values, beliefs, and blessings with your family and community.