Estate Law

A person's estate includes everything that person owns at any given time, whether solely or jointly owned with a spouse or partner. An estate can include anything from property to patents, bank accounts, stocks, or pension plans - as well as debts from taxes, loans, and liens.

Estate Law is the body of law governing the management of personal affairs and how property is distributed in the event of incapacity or death. In some states it also includes elder law dealing with elder specific issues beyond estate planning such as long-term care and Social Security benefits.

Estate Law includes:


Estate Law Term of the Day

Heir

An heir is the person who is designated to take ownership of a decedent\'s land, property, real estate, life insurance proceeds, living trust, IRA funds, 401(k) account, stocks, securities, cash or other assets at the time of death.

Category: Estate Law


Latest Estate Law Question

Can I revoke power of attorney?

Power of attorney updates can generally be done as long as you are mentally competent.

Category: Estate Law




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