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An "estate" refers to everything a person owns, including their money, property, and other belongings. It's like the entire collection of things you have, big and small, that can be passed on to someone else when you're no longer around.
For example, imagine your great-aunt has an estate that includes her house, car, savings account, jewelry, and art collection. When she passes away, her estate might be divided among her children or other family members, according to her will or the law.
"Wit & Whimsy with the Dumb Ox: Unlocking Knowledge with Rhyme:"
In the land of belongings and cheer,
An estate is something you hold dear.
It's all that you own, your assets combined,
Your wealth and possessions, all intertwined.
Your great-aunt, dear reader, has things she's amassed,
A house, a car, and treasures that last.
Her estate is her wealth, it's all that she owns,
A collection of objects, some sticks and some stones.
When she's gone, her estate will divide,
Among family and friends, far and wide.
An estate is a story, of one's life and more,
A testament to memories, and what they've lived for.