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specifically : one of the great classes (such as the nobility, the clergy, and the commons) formerly vested with distinct political powers. : the degree, quality, nature, and extent of one's interest in land or other property. also : vineyard. Noun His estate is worth millions of dollars.

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In land law, the term "estate" is a remnant of the English feudal system, which created a complex hierarchy of estates and interests in land. The allodial or fee simple interest is the most complete ownership that one can have of property in the common law system.

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His estate is worth millions of dollars. He inherited the estate from his parents.

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(Government, Politics & Diplomacy) Also called: estate of the realm an order or class of persons in a political community, regarded collectively as a part of the body politic: usually regarded as being the lords temporal (peers), lords spiritual, and commons. See also States General, fourth estate.

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Estate planning is crucial for asset transfer to beneficiaries after death and for minimizing taxes. Part of estate planning is drawing up a will, which is a legal strategy for managing...

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