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  2. Estate (law) - Wikipedia

    en.wikipedia.org/wiki/Estate_(law)

    In common law, an estate is a living or deceased person's net worth.It is the sum of a person's assets – the legal rights, interests, and entitlements to property of any kind – less all liabilities at a given time.

  3. Estate planning - Wikipedia

    en.wikipedia.org/wiki/Estate_planning

    Estate planning is the process of anticipating and arranging for the management and disposal of a person's estate during the person's life in preparation for future incapacity or death. The planning includes the bequest of assets to heirs, loved ones, and/or charity, and may include minimizing gift, estate, and generation-skipping transfer taxes.

  4. Probate - Wikipedia

    en.wikipedia.org/wiki/Probate

    Other assets may have pay on death or transfer on death designations, which avoids probate. The rights of beneficiaries must be respected, in terms of providing proper and adequate notice, making timely distribution of estate assets, and otherwise administering the estate properly and efficiently.

  5. Gross Estate: Definition and Calculation - AOL

    www.aol.com/news/gross-estate-definition...

    Estate planning when you have a small or moderately sized estate is complex enough. But it can become even more complicated with a larger estate. With more assets, the more likely you are to face ...

  6. What Expenses Are Paid by the Estate vs. Beneficiary? - AOL

    www.aol.com/expenses-paid-estate-vs-beneficiary...

    Settling an estate can be a complicated and sometimes time-consuming process. It's the job of the executor to inventory assets, determine what expenses need to be paid and distribute the remainder ...

  7. Inheritance - Wikipedia

    en.wikipedia.org/wiki/Inheritance

    In law, an "heir" (FEM: heiress) is a person who is entitled to receive a share of property from a decedent (a person who died), subject to the rules of inheritance in the jurisdiction where the decedent was a citizen, or where the decedent died or owned property at the time of death.

  8. Estate Tax Planning Tips For 2023 - AOL

    www.aol.com/finance/know-estate-tax-planning...

    Estate planning matters if you're hoping to preserve as much of your wealth and assets as possible for future generations. One of the biggest challenges is finding ways to minimize your tax ...

  9. Estate tax in the United States - Wikipedia

    en.wikipedia.org/wiki/Estate_tax_in_the_United...

    The descriptive "death tax" emphasizes that death is the event that invokes a tax on the deceased's former assets. An estate tax is levied on the deceased's assets before they are distributed by the federal government and twelve states; Connecticut, Hawaii, Illinois, Maine, Maryland, Massachusetts, Minnesota, New York, Oregon, Rhode Island ...

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