Search results
Results from the WOW.Com Content Network
In English common law, real property, real estate, immovable property or, solely in the US and Canada, realty, refers to parcels of land and any associated structures which are the property of a person. For a structure (also called an improvement or fixture) to be considered part of the real property, it must be integrated with or affixed to ...
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 .
Real estate is property consisting of land and the buildings on it, along with its natural resources such as growing crops (e.g. timber), minerals or water, and wild animals; immovable property of this nature; an interest vested in this (also) an item of real property, (more generally) buildings or housing in general.
Continue reading → The post Heirs at Law: Estate Planning Definition appeared first on SmartAsset Blog. When planning your estate, it’s important to consider who will inherit your assets after ...
An estate that includes real property may incur expenses for maintenance and upkeep of the property until it’s distributed to beneficiaries or liquidated to pay creditors.
The allodial or fee simple interest is the most complete ownership that one can have of property in the common law system. An estate can be an estate for years, an estate at will, a life estate (extinguishing at the death of the holder), an estate pur autre vie (a life interest for the life of another person) or a fee tail estate (to the heirs ...
Estate planning is the process of arranging for the management and distribution of a person’s assets after death. The primary goals of estate planning are to ensure that your wishes are carried ...
Housing estate, a group of houses built as a single development. Industrial estate (office park) and trading estate; property planned and sub-let for industrial and commercial use. Real estate or real property. Estate agent or real estate agent; Literary estate, the intellectual property of a deceased author, or the executor thereof