What is an Estate?

Frequently Asked Questions | FAQs

An estate is everything you own including copyrights, a business ownership, savings, equity investments, mutual fund investments, jewelry, antiques, books, vehicles and furniture. An estate is particularly important after death when the deceased person’s belongings are divided between the spouse, children, grandchildren, siblings, friends and other beneficiaries. Your estate is divided into types of assets commonly referred to as categories. An estate also includes life insurance policies, annuities, jewelry pieces, traditional Individual Retirement Accounts (IRAs) and Roth IRAs. If you own paintings, first editions, autographed memorabilia, antique furnishings and other collectibles, these items are also included in your estate.


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