decedent's assets
1assets — /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… …
2assets — /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… …
3assets — The property of a natural person or a corporation, real or personal, corporeal or incorporeal, especially property which is subject to seizure under and sale under process for payment of debts. See admitted assets; assets of a debtor; assets of a …
4assets 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… …
5legal assets — Assets left by a decedent available for administration without the aid of a court of equity. Agee v Saunders, 127 Tenn 680, 157 SW 64. Moneys in the hands of an executor as administrator arising from the sale of personal property, as… …
6Income In Respect Of A Decedent - IRD — Money that was due to a decedent and will pass through to the recipient or estate as income during that tax year. The recipient (beneficiary) must declare the money as income in respect of a decedent (IRD) for any year in which income is received …
7personal assets — The personal property of a person. Personal property of a decedent vesting in his executor or administrator as assets available for the payment of the decedent s debts, consisting of goods, chattels, money, credits, unpaid legacies, and corporate …
8remission of assets — The transfer of assets of a decedent s estate by an ancillary representative to the representative at the domicil of the decedent. remission of damages. See remittitur …
9equitable assets — noun plural : assets that are charged with or have become a fund for the payment of debts only by operation of equity; specifically : assets charged with the payment of debts by a debtor that would be exempted by law (as real estate of a… …
10collector 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… …
