HOME LAW INSURANCE


       
Find a Lawyer
Browse Tax Law
Tax Law Home Page

Resources
Tax Attorneys
Tax Law Forum
Articles & FAQs
   Corporate Tax Law
»Estate Tax Law
Tax Law - Estate Tax Law - General Estate Tax Law Questions

  Page 11 of 21

What is an "estate" for federal estate tax purposes?
An "estate" consists of all the property owned by a person. An estate can include such property as:

(1) real property and things attached to it (houses, buildings, barns, etc.)

(2) all personal property (including automobiles, bank accounts, stocks and bonds, cash on hand, furniture and furnishings, jewelry, art, collections, retirement plan benefits, etc.)

(3) all businesses and business property (sole proprietorships, partnerships, corporations, joint ventures, and their goodwill, inventory, tools and equipment, accounts receivable, and other business property, etc.)

(4) powers of appointment (the right to direct the disposition of property upon the death of another)

(5) all debts and obligations owed to others.
« View All General Estate Tax Law Questions Pages Next Page »
« Post Your Case  



Get Legal Forms
Download 36,000+ forms
Law Forums
Search over 600,000 topics and answers in our law forums.
HACKER SAFE certified sites prevent over 99.9% of hacker crime. State Law Center | Legal Links | Site Map | Privacy Policy | Media | About Us | Contact Us

FreeAdvice® has been providing millions of consumers with outstanding advice, free, since 1995. While not a substitute for personal advice from a licensed professional, it is available AS IS, subject to our disclaimer and conditions of use. FreeAdvice®, AttorneyPages®, ExpertPages®, and LegalSoapbox™ are units or affiliates of Advice Company. All Rights Reserved © 1995-2008