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estate
(redirected from Estate (disambiguation))

    Also found in: Medical, Legal, Encyclopedia, Wikipedia 0.07 sec.
Estate
All of the valuable things an individual owns, such as real estate, art collections, collectibles, antiques, jewelry, investments, and life insurance.

Notes:
The value of a personal estate usually becomes very important upon the death of the person in question. Those in line for inheritance often have to pay an inheritance tax on the estate. This tax can be very large, forcing the beneficiary to sell some of the inherited assets in order to pay the tax bill.

estate
The assets owned by a person at the time of death. See also gross estate.
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