estate

Definition

All assets owned by an individual at death, to be distributed according to the individual's will (or a court ruling if there is no will).

Use estate in a sentence

HIs children had a lengthy court battle over who would get the vacation home he left as part of his estate.

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The auctioneer told us all to meet at the estate to look around and place silent bids on items if we wished to do so.

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Although Mary's will explicitly stated that the remains of her estate were to be divided equally among her four children, they decided that they would just have an estate sale rather than sort through their mother's house.

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RESPA grantee