Estate

An estate includes the property that a person owns, both personal and real property. The things are distributed based on a Will, Trust, or Intestate laws. Estates must be administered in the Probate Court if the estate meets certain criteria. Having a Trust can help avoid the Probate process and the associated costs of that process.

Words commonly used with this term include:

James F. Roberts
Founder and owner of the Law Office of James F. Roberts and Associates, a premiere estate planning law firm