Estate Planning

Estate

Definition

What is Estate?

The property, investments, rights, and obligations left by a person at death.

Example in practice

Shares, land, cash, and debts form part of the estate.

Keep learning

Arranging ownership, beneficiaries, documents, and taxes for incapacity or death.

A legal document directing how a person's estate should be handled after death.

A person or entity entitled to receive assets, income, insurance proceeds, or trust benefits.

The tendency to feel losses more strongly than equivalent gains.

Think you know your investing terms?

Put your knowledge to the test with a quick quiz.