Estate includes all property owned by deceased person before distribution to beneficiaries or heirs
The term "estate" encompasses the totality of property owned by a deceased person prior to distribution according to a will or inheritance laws. It includes all property types - both real estate and personal property - owned by an individual. In estate administration context, it covers property existing during the administration period, including probate assets and property passing through intestacy. Legal dictionaries define estate as comprehending all property or ownership rights held by a person. The definition applies broadly to the entire property holdings of a decedent before distribution to beneficiaries or heirs.
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