§ 353 Estate Definitions And Types

• •An estate can be a trust that holds property.
• •It also includes the property of someone who has died.
• •It covers property managed by a guardian or conservator.
• •It even includes other things that are given away as a gift.

A person sets up a trust that holds a house and some money, and later that trust gives the house to a charity.

Because the house and money are in a trust, they count as an “estate” under this law.