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'''Estate''', in [[law|legal]] terminology, is a person's property.
'''Estate''', in [[law|legal]] terminology, is a person's property. It is most commonly used in dealing with [[probate]], whereby the estate is that property ([[asset]]s and [[liability|liabilities]]) a person owns at death and is either to be disposed of in accordance with a [[will (legal document)|will]] or under the '''intestate''' laws of the state where the person resided.
In more common usage, an estate is a large piece of land that is well-decorated and usually owned (or was once owned) by a wealthy person.
[[Category:Legal Terms]]
[[Category:Legal Terms]]