Jurisdiction(s):
United Kingdom

Key definition

Estate definition

What does Estate mean? In practice, “estate” describes either: (1) the nature and duration of a person’s proprietary interest in land; or (2) the aggregate property of a person, commonly on death or bankruptcy. England & Wales and Northern Ireland: An estate in land denotes the time-based interest, not the land itself. Statute and case law limit legal estates primarily to freehold (fee simple absolute in possession) and leasehold (term of years absolute), with other interests (for example, life interests and beneficial interests under a trust) arising in equity. This concept underpins conveyancing, security, priorities and land registration. Ireland: Under the Land and Conveyancing Law Reform...

Duty to Apply for Letters of Administration on Insolvent Intestacy

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Individuals who have the right to obtain a grant in an Estate may opt not to extract it. It is generally uncommon for those entitled to secure Letters of Administration for an Insolvent estate to proceed, save where commencing, or defending, proceedings on behalf of or against the estate could deliver a material benefit to it. Where such a benefit exists, the persons listed in the Non-contentious Probate Rules 1987 (SI 1987/2024), rule 22, may apply. If there is an eligible person within that list who is able to take a grant, they are entitled to renounce that entitlement, and that may well be the safest course in circumstances where there is an insolvent estate in such cases...

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Web page updated on 27/05/2026

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