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Estate (law) facts for kids

Kids Encyclopedia Facts

An estate, in common law, is the net worth of a person at any point in time alive or dead. It is the sum of a person's assets – legal rights, interests and entitlements to property of any kind – less all liabilities at that time.

See also

Kids robot.svg In Spanish: Patrimonio para niños

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Estate (law) Facts for Kids. Kiddle Encyclopedia.