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About The Word "Estate"

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houston_guy462004's Avatar
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 Posted 12/06/2006  12:05 pm Show Profile   Bookmark this topic Add houston_guy462004 to your friends list Get a Link to this Message Number of Subscribers
According to Webster's Dictionary, the word "estate" when used as an adjective means something previously owned and of high quality [estate jewelry]. As a noun, it refers to the nature and quality of one's interest in real property [a life estate, a remainder estate] or refers to assets and debts of a decedent [the estate of John Smith, deceased]. So Bobby may be right. A person who is alive might sell high quality coins to a dealer who then might advertise them as coming "from an estate." I still do not see that the tag of "estate" makes one bit of difference in the value or desirability of the coin --- whether it came from an old jar hidden in a barn or was previously owned by Mr. and Mrs. Snooty Toot Toot, the value should be the same; that is, the price that a buyer is willibng to pay and a buyer willing to accept, neither being under duress and both being aware of all material facts. So - don't be too hasty in changing lawyers. [And OT: I usually advise my law firm clients to reject a case if the potential client has been to, or has fired, two or more lawyers because it is simply inviting the fox into the chicken coup.]
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