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: all or specified items of a person's or entity's assets regarded as a whole — bankruptcy estate : the estate of the debtor in bankruptcy that features every one of the debtor's legal and equitable pursuits in house as set out in the individual bankruptcy legal guidelines

called also residual estate — taxable estate : the estate of the deceased person that is issue to estate tax Take note: Underneath federal estate tax law, the taxable estate will be the gross estate considerably less allowed deductions. b : the combination of the deceased particular person's home regarded as a legal entity

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(also estate automobile); (US station wagon) an auto with a great deal of Place at the rear of the again seat and an additional door with the back again for putting in huge objects

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 is colloquially used to make reference to the entire land and improvements on a vast residence, often some farm or homestead or even the historic household of the notable loved ones. On the other hand, within the fiscal and authorized feeling of your expression, an estate refers to everything of benefit that somebody owns—real estate, artwork collections, antique goods, investments, insurance coverage, and any other belongings and entitlements—and can also be utilized as an overarching method to consult with someone's net worth. Lawfully, someone's estate refers to a person's total belongings minus any liabilities.

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All estate agent real estate agent housing estate obligation estate sale estate tax lifestyle estate See all meanings Term in the Working day

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" These deductions may consist of mortgages as well as Estates other debts, estate administration expenditures, home that passes to surviving spouses and experienced charities. The value of some operating company interests or farms might be decreased for estates that qualify.

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