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personal estate

Syllabification: per·son·al es·tate

Definition of personal estate in English:

noun

Law
Another term for personal property.
Example sentences
  • Alternatively, and finally, it falls within the expression ‘other real and personal estate, as the testator might be entitled to at the time of his death’.
  • In the 1860 census, for example, Nicholas Hudson appears as a grocer with real estate valued at two thousand dollars and a personal estate worth only five hundred dollars.
  • By transferring assets to a trust, the value of your personal estate will reduce, thus minimising Estate Duty and Executor's Fees payable by your estate.

Definition of personal estate in:

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