An estate may mean the “probate estate,” which comprises the decedent’s assets that must be probated The size of an estate usually determines what kind of procedure is needed to settle the decedent's affairs and whether estate tax must be paid You can plan for what happens to your esta...
the word “estate” on a wine label, the producer is providing an important clue about how the wine was made. Unlike wine label designations that have no legal meaning, such as “old vine” or “reserve,” the federal government has specific legal requirements for using the term “estate....
An estate is a person's assets, including all of their money, physical property, and intellectual property. When a person dies...
The first thing you need to look into is the legal authority to have an estate sale. The legal authority usually resides with the executor of the estate. This could be a family member, friend, or the estate attorney or estate counsel. Find out if there is a last will or testament for ...
What is an estate? An estate encompasses the personal belongings, money, and assets you own at the time of your death. Broadly speaking, your estate includes: Real estate, including land and vacation homes Bank accounts Life insurance policies Stocks Retirement accounts Personal belongings, like ...
Find out who is protected by the federal Fair Housing Act of 1968, how to spot housing discrimination and ways to report it.
What Is an Asset? FAQ What are examples of assets? Examples of assets include: Cash, stocks, bonds, mutual funds, real estate, vehicles, art, jewelry, antiques, collectibles, accounts receivable, prepaid expenses, inventory, machinery, equipment, and intellectual property (patents, copyrights, an...
What Is Estate Planning? An estate plan is essentially a collection of legal documents. The most common is alast will and testament, according to theAmerican Bar Association(ABA). But you might consider placing your assets in a trust instead because you want to avoid the probate process. You...
Assets are the resources or items that your company owns and that have potential cash value, either immediately or in the future.
A life estate is a form of joint homeownership shared between a life tenant and a "remainderman." The remainderman has an ownership interest but can't take possession until the life tenant's death. The life tenant can live in the home but can't sell it or mortgage it without the agree...