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Today's Terms
Estate
Definition:
All of the property owned by a person, including real estate and personal property.
Joint tenancy
Definition:
A property held in joint tenancy is owned by two or more people who have an undivided interest in the property, and the interest continues even after the other owners die.
Assets
Definition:
All property owned by a person that can be used or made available to use in the payment of debts and heirs.
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