assets of a decedent's estate
- assets of a decedent's estate
-
Property subject to the payment of the debts of the decedent, including real and personal, corporeal and incorporeal, property, but not homestead and other exemptions. 31 Am J2d Ex & Ad § 193.
The term has also been defined as being whatever property or money is lawfully recovered or received by an executor or administrator in virtue of his representative character. De Valengin's Admr. v Duffy 14 Pet (US) 282, 10 L Ed 457.
Ballentine's law dictionary.
Anderson, W.S..
1998.
Look at other dictionaries:
collector of decedent's estate — A person temporarily appointed by the probate court to collect rents, assets, interest, bills receivable, etc., of a decedent s estate, and act for the estate in all financial matters requiring immediate settlement. Such collector is usually… … Black's law dictionary
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assets — /aesets/ Property of all kinds, real and personal, tangible and intangible, including, inter alia, for certain purposes, patents and causes of action which belong to any person including a corporation and the estate of a decedent. The entire… … Black's law dictionary
assets — /aesets/ Property of all kinds, real and personal, tangible and intangible, including, inter alia, for certain purposes, patents and causes of action which belong to any person including a corporation and the estate of a decedent. The entire… … Black's law dictionary
