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Discover LudwigThe phrase "a separate estate" is correct and usable in written English.
It can be used in legal or financial contexts to refer to property or assets that are distinct from other holdings, often in relation to inheritance or trust law.
Example: "The will clearly states that the property will be held in a separate estate, ensuring that it is not commingled with other assets."
Alternatives: "distinct property" or "independent estate".
Exact(4)
The Lamont-Doherty Earth Observatory occupies a separate estate in Palisades, in Rockland County, New York, and the Nevis Laboratories are located in Irvington, in Westchester County, New York.
The property so allocated will constitute a separate estate of the customer class and the account class to which it is allocated, and will be designated by reference to such customer class and account class.
But parents who are also leaving a separate estate for their children might save on taxes by putting the life insurance policy into what's called an "irrevocable life insurance trust," says Jason Katz, a managing director with UBS.
After filing for Chapter 7, all assets of the filer are consolidated into a separate estate and overseen by a court-appointed trustee.
Similar(56)
In 1990, in Lawrence Brody's estate planning seminar in the LL.M. program at Washington University in St . LouisSchool of Law, Professor Brody mentioned a husband and wife retaining separate estate planning counsel.
Before starting the proxy fight, Mr. Ackman pushed Target to spin off the land underneath its stores into a separate real estate investment trust and to sell its entire portfolio of credit card receivables.
The two Spring Valley officials were charged in the same case in a separate real estate scheme.
Ms. Kingman of Kingman Associates, who had proposed starting a separate real estate association for small firms, says that the real losers are consumers.
She was also contacted by a Russian woman whose husband offered to help her father develop a separate real estate project in Moscow.
Mr. Rudin, who is now chairman of the board at Chad, is currently organizing a separate "real estate board" of executives to help raise money and stabilize the school's finances.
Back then, each spouse had a separate lifetime estate and gift tax exemption, but the exemptions couldn't be shared.
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