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es·tate /i-'stāt/ n [Anglo-French estat, literally, state, condition, from Old French, from Latin status, from stare to stand]1: the interest of a particular degree, nature, quality, or extent that one has in land or other property compare fee; future interest at interest, remainder, reversion, tenancyabsolute estate: an estate that confers an absolute right to property and that is subject to no limitations, restrictions, or conditions: fee simple absolute at fee simplecontingent estate: an estate whose vesting is conditioned upon the happening or failure of some uncertain eventequitable estate: the estate of one that has a beneficial right to property which is legally owned by a trustee or a person regarded at equity as a trustee (as in the case of a use or power) compare legal estate in this entryestate at sufferance: the estate in property held by one who remains in possession of or on the property after his or her lawful right to do so has endedestate at will: an estate in property subject to termination at the will of another personestate by the entirety: an estate held by a husband and wife together in which the whole property belongs to each of them and passes as a whole to the survivor upon the death of either of them to the exclusion of the deceased spouse's heirs – called also estate by the entireties;; compare joint tenancy tenancy by the entirety, and tenancy in common at tenancyestate for years: an estate that terminates after a set periodestate in expectancy: an estate the enjoyment of which will take place at a future time: future interest at interestestate of inheritance: an estate that can be inherited (as a fee simple as opposed to a life estate)estate on condition: an estate subject to a contingency whose happening permits the grantor of the estate to terminate it if he or she so chooses compare fee simple determinable at fee simpleestate pur autre vie: a life estate measured by the life of a third person rather than that of the person enjoying the propertyestate tail pl estates tail: an estate granted to a person and his or her direct descendants subject to a reverter or remainder upon the inheritance of the property by a grantee without direct descendants: fee tail at feelegal estate: an estate to which one person (as a trustee) has legal title but of which another person has the right to the beneficial use compare equitable estate in this entrylife estate: an estate in property held only during or measured in duration by the lifetime of a specified individual and esp. the individual enjoying the property see also life tenant◇ Life estates are not estates of inheritance.vested estate: an estate in which one has a right to enjoyment currently or sometime in the future2: all or designated items of a person's or entity's property considered as a wholebankruptcy estate: the estate of a debtor in bankruptcy that includes all the debtor's legal and equitable interests in property as set out in the bankruptcy laws – called also debtor's estate; see also bankruptcy, trustee in bankruptcyper·son·al estate: all of a person's property except real property; broadly: all of the property belonging to a personsep·ar·ate estate: an estate whose ownership and control is enjoyed by a person free from any rights or control of another (as a spouse)3 a: the assets and liabilities left by a person at death see also bequest, devise, freehold, heir, inheritance, intestate, leasehold, legacy, probate, testate, willaug·ment·ed estate /ȯg-'men-təd-/: a deceased person's probate estate increased in accordance with statutory provisions and esp. by the addition of any property transferred by the deceased within two years of death, any joint tenancies, and any transfers in which the deceased retained either the right to revoke or the income for life◇ In some states, the surviving spouse's elective share is distributed from the augmented estate.gross estate: the estate of a person upon death defined by federal estate laws to include all of the deceased's real and personal property at death that may be passed by will or by intestate succession as well as specified property transferred by the deceased before deathprobate estate: all of a deceased person's estate that is administered under the jurisdiction of the probate court◇ Some assets, such as certain insurance proceeds, generally do not become part of the probate estate and are said to “pass outside of probate.”residuary estate: all of what is left of an estate once the deceased person's debts and administration costs have been paid and all specific and general bequests and devises have been distributed – called also residual estate;taxable estate: the estate of a deceased person that is subject to estate tax◇ Under federal estate tax law, the taxable estate is the gross estate less allowed deductions.b: the aggregate of a deceased person's property considered as a legal entity4: a tract of land esp. affected by an easementdominant estate: a tract of land that is benefited by an easement burdening a servient estateservient estate: a tract of land that is burdened by an easement benefiting a dominant estate
Merriam-Webster’s Dictionary of Law. Merriam-Webster. 1996.
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(hereditament) noun
bequest, birthright, devise, gift by succession, heritage, heritance, inheritance, legacy, patrimony
associated concepts: beneficial estate, charge against an estate, claim against an estate, distribution, estate tax, residue
II
(property) noun
acres, ager, assets, assets and liabilities, belongings, chattels, chattels real, chose in action, collective assets, earthly possessions, effects, equity, freehold, goods, grounds, hereditament, holdings, intangible assets, interest in land, land and buildings, lands, liquid assets, material assets, material things which are owned, personalty, piece of landed property, possessio, possessions, real estate, realty, resources, right, title and interest in land, tangible assets, tangibles, tenement, territory, valuables, villa
associated concepts: absolute estate, conditional estate, defeasible estate, equitable estate, estate at sufferance, estate at will, estate by entirety, estate by purchase, estate for life, estate for years, estate from period to period, estate from year to year, estate in common, estate in expectancy, estate in land, estate in remainder, estate in reversion, estate lands, estate on a conditional limitation, estate pour autre vie, estate tail, estate upon a limitation, executory estate, fee-simple estate, fee-tail estate, forfeiture of an estate, freehold, joint estate, landed estate, life estate, limited estate, next eventual estate, qualified estate, vested estate
foreign phrases:
- Post executionem status lex non patitur possibilitatem. — After the execution of the estate the law suffers not a possibilityIII index assets, demesne, domain (land owned), dower, effects, freehold, holding (property owned), homestead, paraphernalia (personal belongings), parcel, possessions, property (land), property (possessions), rating, real estate, realty, remainder (estate in property), resource, substance (material possessions)
Burton's Legal Thesaurus. William C. Burton. 2006
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n.(1) An interest in or ownership of land.(2) All the money, property, and goods that one person owns.
The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008.
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Generally, all the property a person owns at death.Category: Wills, Trusts & Estates
Nolo’s Plain-English Law Dictionary. Gerald N. Hill, Kathleen Thompson Hill. 2009.
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England, WalesIn general terms, an individual's estate is the total of all their assets, less all their liabilities.For inheritance tax (IHT) purposes, the definition is more specific. An individual's estate for IHT consists of:• Assets in the sole name of the deceased.• The deceased's share of any jointly owned assets.• Assets held in a trust in which the deceased had an immediate post-death interest, a disabled person's interest, or a transitional serial interest.• Any nominated assets.• Any assets the deceased had given away, but kept an interest in (gift with reservation of benefit).• The value of an alternatively secured pension fund (ASP) from which the deceased benefited as the original scheme member, or as a dependant who received benefits from the left over ASP fund of an original scheme member.The total of all these assets is added to the chargeable value of any gifts made within seven years before the death to work out the amount on which IHT is charged.USAestate, Also known as bankruptcy estate.The intangible entity in a bankruptcy case which contains all of the debtor's assets (including both legal and equitable interests) and liabilities as of the commencement of the case.
Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010.
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n. The totality of an individual's ownership of money, real and personal property.@ decedent's estateSuch assets after the death of the owner, as involved in the probate of a will or an intestacy proceeding.=>> estate.@ residuary estateThe remainder of a decedent's estate after all applicable payments and transfers have been made, including gifts and taxes.=>> estate.@ contingent estateFrom the common law. An asset, typically real property, that vests only upon the occurrence of a condition.=>> estate.@ dominant estateReal property that benefits from an easement on adjoining property.=>> estate.@ equitable estateAn estate recognized under the rules of equity.=>> estate.@ possessory estateA right of possession in an estate, which may not include actual ownership.=>> estate.@ servient estateReal property upon which an easement has been granted.=>> estate.@ vested estateAn estate that an individual has a present right to enjoy, or a noncontingent right to do so in the future.=>> estate.@
Webster's New World Law Dictionary. Susan Ellis Wild. 2000.
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The degree, quantity, nature, and extent of interest that a person has in real and personal property. Such terms as estate in land, tenement, and hereditaments may also be used to describe an individual's interest in property.When used in connection with probate proceedings, the term encompasses the total property that is owned by a decedent prior to the distribution of that property in accordance with the terms of a will, or when there is no will, by the laws of inheritance in the state of domicile of the decedent.It means, ordinarily, the whole of the property owned by anyone, the realty as well as the personalty.In its broadest sense, the social, civic, or political condition or standing of a person; or, a class of persons grouped for social, civic, or political purposes.
Dictionary from West's Encyclopedia of American Law. 2005.
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The degree, quantity, nature, and extent of interest that a person has in real and personal property. Such terms as estate in land, tenement, and hereditaments may also be used to describe an individual's interest in property.When used in connection with probate proceedings, the term encompasses the total property that is owned by a decedent prior to the distribution of that property in accordance with the terms of a will, or when there is no will, by the laws of inheritance in the state of domicile of the decedent.It means, ordinarily, the whole of the property owned by anyone, the realty as well as the personalty.In its broadest sense, the social, civic, or political condition or standing of a person; or, a class of persons grouped for social, civic, or political purposes.II A person's property.
Short Dictionary of (mostly American) Legal Terms and Abbreviations.
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n.1) all that one owns in real estate and other assets.2) commonly, all the possessions of one who has died and are subject to probate (administration supervised by the court) and distribution to heirs and beneficiaries, all the possessions which a guardian manages for a ward (young person requiring protection and administration of affairs), or assets a conservator manages for a conservatee (a person whose physical or mental lack of competence requires administration of his/her affairs).3) an alternative term for real property interest which is used in conjunction with another defining word, like "life estate," "estate for years," or "real estate."
Law dictionary. EdwART. 2013.
