Estate

1. Assets - liabilities - tax - inheritance tax.

All of the money and property owned by a person, net of their debts.

Especially on their death, and for the purposes of calculating related tax liabilities.

2. Law - land and buildings.

The nature, or length, of ownership rights - or other legal interests - in land and buildings.

For example, freehold or leasehold.

See also

• Assets
• Beneficiary
• Executor
• Freehold
• Inheritance tax
• Law
• Leasehold
• Liabilities
• Money
• Property
• Real estate
• Tax
• Taxable person
• Will