# Estate

**IRI:** https://folio.openlegalstandard.org/RCBP9N5ER7Y6inNQdjggrKt

## Labels

**Preferred Label:** Personal Property

**Alternative Labels:**

- Personal Estate
- Property Holdings

## Definition

An Estate refers to all the possessions, property, and legal rights owned by an individual, including land, tenements, and personal assets. It also encompasses the total assets and liabilities left by a person at death, which are subject to distribution according to the terms of a will or the laws of intestacy.

## Sub Class Of

- https://folio.openlegalstandard.org/RCIwc6WJi6IT7xePURxsi4T

## Parent Class Of

- https://folio.openlegalstandard.org/RBFSyAy4VY1rETaHMaRwOpo

**Deprecated:** False