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.sidebar{width:100%!important;clear:both;float:none!important;margin-left:0!important;margin-right:0!important}}body.skin--responsive .mw-parser-output .sidebar a>img{max-width:none!important}@media screen{html.skin-theme-clientpref-night .mw-parser-output .sidebar:not(.notheme) .sidebar-list-title,html.skin-theme-clientpref-night .mw-parser-output .sidebar:not(.notheme) .sidebar-title-with-pretitle{background:transparent!important}html.skin-theme-clientpref-night .mw-parser-output .sidebar:not(.notheme) .sidebar-title-with-pretitle a{color:var(--color-progressive)!important}}@media screen and (prefers-color-scheme:dark){html.skin-theme-clientpref-os .mw-parser-output .sidebar:not(.notheme) .sidebar-list-title,html.skin-theme-clientpref-os .mw-parser-output .sidebar:not(.notheme) .sidebar-title-with-pretitle{background:transparent!important}html.skin-theme-clientpref-os .mw-parser-output .sidebar:not(.notheme) .sidebar-title-with-pretitle a{color:var(--color-progressive)!important}}@media print{body.ns-0 .mw-parser-output .sidebar{display:none!important}}</style><style data-mw-deduplicate="TemplateStyles:r1202158006">.mw-parser-output .law-sidebar .sidebar-heading{background:#aaddff;color:#000}.mw-parser-output .law-sidebar .sidebar-above{font-weight:normal}.mw-parser-output .law-sidebar .sidebar-below{padding:0.4em;border-top:1px #aaa solid;font-weight:normal;font-size:smaller}</style><table class="sidebar nomobile nowraplinks hlist law-sidebar"><tbody><tr><th class="sidebar-title"><a href="/wiki/Property_law" title="Property law">Property law</a></th></tr><tr><td class="sidebar-image"><span class="notpageimage" typeof="mw:File"><a href="/wiki/File:Property_Law_-_Gavel_and_Block_and_House_Keys.jpg" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/commons/thumb/6/62/Property_Law_-_Gavel_and_Block_and_House_Keys.jpg/150px-Property_Law_-_Gavel_and_Block_and_House_Keys.jpg" decoding="async" width="150" height="100" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/6/62/Property_Law_-_Gavel_and_Block_and_House_Keys.jpg/225px-Property_Law_-_Gavel_and_Block_and_House_Keys.jpg 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/6/62/Property_Law_-_Gavel_and_Block_and_House_Keys.jpg/300px-Property_Law_-_Gavel_and_Block_and_House_Keys.jpg 2x" data-file-width="4000" data-file-height="2666" /></a></span></td></tr><tr><td class="sidebar-above"> Part of the <a href="/wiki/Common_law" title="Common law">common law</a> series</td></tr><tr><th class="sidebar-heading"> Types</th></tr><tr><td class="sidebar-content"> <ul><li><a href="/wiki/Personal_property" title="Personal property">Personal property</a></li> <li><a href="/wiki/Community_property" title="Community property">Community property</a></li> <li><a href="/wiki/Real_property" title="Real property">Real property</a></li> <li><a href="/wiki/Unowned_property" title="Unowned property">Unowned property</a></li></ul></td> </tr><tr><th class="sidebar-heading"> Acquisition</th></tr><tr><td class="sidebar-content"> <ul><li><a href="/wiki/Gift_(law)" title="Gift (law)">Gift</a></li> <li><a href="/wiki/Adverse_possession" title="Adverse possession">Adverse possession</a></li> <li><a href="/wiki/Deed" title="Deed">Deed</a></li> <li><a href="/wiki/Right_of_conquest" title="Right of conquest">Conquest</a></li> <li><a href="/wiki/Discovery_doctrine" title="Discovery doctrine">Discovery</a></li> <li><a href="/wiki/Accession_(property_law)" title="Accession (property law)">Accession</a></li> <li><a href="/wiki/Lost,_mislaid,_and_abandoned_property" title="Lost, mislaid, and abandoned property">Lost, mislaid, and abandoned property</a></li> <li><a href="/wiki/Treasure_trove" title="Treasure trove">Treasure trove</a></li> <li><a href="/wiki/Bailment" title="Bailment">Bailment</a></li> <li><a href="/wiki/License" title="License">License</a></li> <li><a href="/wiki/Alienation_(property_law)" title="Alienation (property law)">Alienation</a></li></ul></td> </tr><tr><th class="sidebar-heading"> <a href="/wiki/Estate_in_land" title="Estate in land">Estates in land</a></th></tr><tr><td class="sidebar-content"> <ul><li><a href="/wiki/Allodial_title" title="Allodial title">Allodial title</a></li> <li><a href="/wiki/Fee_simple" title="Fee simple">Fee simple</a></li> <li><a href="/wiki/Fee_tail" title="Fee tail">Fee tail</a></li> <li><br /><a href="/wiki/Life_estate" title="Life estate">Life estate</a></li> <li><a href="/wiki/Defeasible_estate" title="Defeasible estate">Defeasible estate</a></li> <li><a href="/wiki/Future_interest" title="Future interest">Future interest</a> <ul><li><a href="/wiki/Remainder_(law)" title="Remainder (law)">remainder</a></li></ul></li> <li><a href="/wiki/Concurrent_estate" title="Concurrent estate">Concurrent estate</a></li> <li><a href="/wiki/Leasehold_estate" title="Leasehold estate">Leasehold estate</a></li> <li><a href="/wiki/Condominium_(living_space)" class="mw-redirect" title="Condominium (living space)">Condominiums</a></li> <li><a href="/wiki/Real_estate" title="Real estate">Real estate</a></li> <li><a href="/wiki/Land_tenure" title="Land tenure">Land tenure</a></li></ul></td> </tr><tr><th class="sidebar-heading"> <a href="/wiki/Conveyancing" title="Conveyancing">Conveyancing</a></th></tr><tr><td class="sidebar-content"> <ul><li><a href="/wiki/Bona_fide_purchaser" title="Bona fide purchaser"><i>Bona fide</i> purchaser</a></li> <li><a href="/wiki/Torrens_title" title="Torrens title">Torrens title</a></li> <li><br /><a href="/wiki/Strata_title" title="Strata title">Strata title</a></li> <li><a href="/wiki/Deeds_registration" title="Deeds registration">Deeds registration</a></li> <li><a href="/wiki/Estoppel_by_deed" title="Estoppel by deed">Estoppel by deed</a></li> <li><a href="/wiki/Quitclaim" title="Quitclaim">Quitclaim deed</a></li> <li><a href="/wiki/Mortgage_law" title="Mortgage law">Mortgage</a></li> <li><a href="/wiki/Equitable_conversion" title="Equitable conversion">Equitable conversion</a></li> <li><a href="/wiki/Quiet_title" title="Quiet title">Action to quiet title</a></li> <li><a href="/wiki/Escheat" title="Escheat">Escheat</a></li></ul></td> </tr><tr><th class="sidebar-heading"> <a href="/wiki/Future_interest" title="Future interest">Future use</a> control</th></tr><tr><td class="sidebar-content"> <ul><li><a href="/wiki/Restraint_on_alienation" title="Restraint on alienation">Restraint on alienation</a></li> <li><a href="/wiki/Rule_against_perpetuities" title="Rule against perpetuities">Rule against perpetuities</a></li> <li><a href="/wiki/Rule_in_Shelley%27s_Case" title="Rule in Shelley's Case">Rule in <i>Shelley's Case</i></a></li> <li><a href="/wiki/Doctrine_of_worthier_title" title="Doctrine of worthier title">Doctrine of worthier title</a></li></ul></td> </tr><tr><th class="sidebar-heading"> <a href="/wiki/Nonpossessory_interest_in_land" title="Nonpossessory interest in land">Nonpossessory interest</a></th></tr><tr><td class="sidebar-content"> <ul><li><a href="/wiki/Lien" title="Lien">Lien</a></li> <li><a href="/wiki/Easement" title="Easement">Easement</a></li> <li><a href="/wiki/Profit_(real_property)" title="Profit (real property)">Profit</a></li> <li><a href="/wiki/Usufruct" title="Usufruct">Usufruct</a></li> <li><a href="/wiki/Covenant_(law)" title="Covenant (law)">Covenant</a></li> <li><a href="/wiki/Equitable_servitude" title="Equitable servitude">Equitable servitude</a></li></ul></td> </tr><tr><th class="sidebar-heading"> Related topics</th></tr><tr><td class="sidebar-content"> <ul><li><a href="/wiki/Fixture_(property_law)" title="Fixture (property law)">Fixtures</a></li> <li><a href="/wiki/Waste_(law)" title="Waste (law)">Waste</a></li> <li><a href="/wiki/Partition_(law)" title="Partition (law)">Partition</a></li> <li><a href="/wiki/Practicing_without_a_license" title="Practicing without a license">Practicing without a license</a></li> <li><br /><a href="/wiki/Property_rights_(economics)" title="Property rights (economics)">Property rights</a></li> <li><a href="/wiki/Mineral_rights" title="Mineral rights">Mineral rights</a></li> <li><a href="/wiki/Water_right" title="Water right">Water rights</a> <ul><li><a href="/wiki/Prior-appropriation_water_rights" title="Prior-appropriation water rights">prior appropriation</a></li> <li><a href="/wiki/Riparian_water_rights" title="Riparian water rights">riparian</a></li></ul></li> <li><a href="/wiki/Lateral_and_subjacent_support" title="Lateral and subjacent support">Lateral and subjacent support</a></li> <li><a href="/wiki/Assignment_(law)" title="Assignment (law)">Assignment</a></li> <li><i><a href="/wiki/Nemo_dat_quod_non_habet" title="Nemo dat quod non habet">Nemo dat</a></i></li> <li><i><a href="/wiki/Quicquid_plantatur_solo,_solo_cedit" title="Quicquid plantatur solo, solo cedit">Quicquid plantatur</a></i></li> <li><a href="/wiki/Conflict_of_property_laws" class="mw-redirect" title="Conflict of property laws">Conflict of property laws</a></li> <li><a href="/wiki/Blackacre" title="Blackacre">Blackacre</a></li> <li><a href="/wiki/Security_deposit" title="Security deposit">Security deposit</a></li></ul></td> </tr><tr><th class="sidebar-heading"> Other <a href="/wiki/Common_law" title="Common law">common law</a> areas</th></tr><tr><td class="sidebar-content"> <ul><li><a href="/wiki/Contract" title="Contract">Contract law</a></li> <li><a href="/wiki/Tort" title="Tort">Tort law</a></li> <li><a href="/wiki/Will_(law)" class="mw-redirect" title="Will (law)">Wills</a>, <a href="/wiki/Trust_law" class="mw-redirect" title="Trust law">trusts</a> and <a href="/wiki/Administration_(probate_law)" title="Administration (probate law)">estates</a></li> <li><a href="/wiki/Criminal_law" title="Criminal law">Criminal law</a></li> <li><a href="/wiki/Evidence_(law)" title="Evidence (law)">Evidence</a></li></ul> <hr /> <i>Higher category:</i> <a href="/wiki/Law" title="Law">Law</a> and <a href="/wiki/Common_law" title="Common law">Common law</a></td> </tr><tr><td class="sidebar-navbar"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1129693374"><style data-mw-deduplicate="TemplateStyles:r1239400231">.mw-parser-output .navbar{display:inline;font-size:88%;font-weight:normal}.mw-parser-output .navbar-collapse{float:left;text-align:left}.mw-parser-output .navbar-boxtext{word-spacing:0}.mw-parser-output .navbar ul{display:inline-block;white-space:nowrap;line-height:inherit}.mw-parser-output .navbar-brackets::before{margin-right:-0.125em;content:"[ "}.mw-parser-output .navbar-brackets::after{margin-left:-0.125em;content:" ]"}.mw-parser-output .navbar li{word-spacing:-0.125em}.mw-parser-output .navbar a>span,.mw-parser-output .navbar a>abbr{text-decoration:inherit}.mw-parser-output .navbar-mini abbr{font-variant:small-caps;border-bottom:none;text-decoration:none;cursor:inherit}.mw-parser-output .navbar-ct-full{font-size:114%;margin:0 7em}.mw-parser-output .navbar-ct-mini{font-size:114%;margin:0 4em}html.skin-theme-clientpref-night .mw-parser-output .navbar li a abbr{color:var(--color-base)!important}@media(prefers-color-scheme:dark){html.skin-theme-clientpref-os .mw-parser-output .navbar li a abbr{color:var(--color-base)!important}}@media print{.mw-parser-output .navbar{display:none!important}}</style><div class="navbar plainlinks hlist navbar-mini"><ul><li class="nv-view"><a href="/wiki/Template:Property_law" title="Template:Property law"><abbr title="View this template">v</abbr></a></li><li class="nv-talk"><a href="/wiki/Template_talk:Property_law" title="Template talk:Property law"><abbr title="Discuss this template">t</abbr></a></li><li class="nv-edit"><a href="/wiki/Special:EditPage/Template:Property_law" title="Special:EditPage/Template:Property law"><abbr title="Edit this template">e</abbr></a></li></ul></div></td></tr></tbody></table> <p>In <a href="/wiki/Common_law" title="Common law">common law</a>, an <b>estate</b> is a living or deceased person's <a href="/wiki/Net_worth" title="Net worth">net worth</a>. It is the sum of a person's <a href="/wiki/Assets" class="mw-redirect" title="Assets">assets</a> – the legal rights, interests, and entitlements to <a href="/wiki/Property" title="Property">property</a> of any kind – less all <a href="/wiki/Liability_(accounting)" class="mw-redirect" title="Liability (accounting)">liabilities</a> at a given time. The issue is of special legal significance on a question of <a href="/wiki/Bankruptcy" title="Bankruptcy">bankruptcy</a> and death of the person. (See <a href="/wiki/Inheritance" title="Inheritance">inheritance</a>.) </p><p>Depending on the particular context, the term is also used in reference to an <a href="/wiki/Estate_in_land" title="Estate in land">estate in land</a> or of a particular kind of property (such as <a href="/wiki/Real_property" title="Real property">real estate</a> or <a href="/wiki/Personal_property" title="Personal property">personal estate</a>). The term is also used to refer to the sum of a person's assets only. </p><p>The equivalent in <a href="/wiki/Civil_law_(legal_system)" title="Civil law (legal system)">civil law</a> legal systems is <a href="/wiki/Family_patrimony" title="Family patrimony">patrimony</a>. </p> <meta property="mw:PageProp/toc" /> <div class="mw-heading mw-heading2"><h2 id="Bankruptcy">Bankruptcy</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Estate_(law)&action=edit&section=1" title="Edit section: Bankruptcy"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>Under <a href="/wiki/Bankruptcy_in_the_United_States" title="Bankruptcy in the United States">United States bankruptcy law</a>, a person's estate consists of all assets or property of any kind available for distribution to creditors.<sup id="cite_ref-1" class="reference"><a href="#cite_note-1"><span class="cite-bracket">[</span>1<span class="cite-bracket">]</span></a></sup> However, some assets are recognized as <a href="/wiki/Exempt_property" title="Exempt property">exempt</a> to allow a person significant resources to restart their financial life. In the <a href="/wiki/United_States" title="United States">United States</a>, asset exemptions depend on various factors, including state and federal law.<sup id="cite_ref-2" class="reference"><a href="#cite_note-2"><span class="cite-bracket">[</span>2<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-3" class="reference"><a href="#cite_note-3"><span class="cite-bracket">[</span>3<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-4" class="reference"><a href="#cite_note-4"><span class="cite-bracket">[</span>4<span class="cite-bracket">]</span></a></sup> The estate (or assets) of a bankrupt person is administered by a <a href="/wiki/Trustee_in_bankruptcy" title="Trustee in bankruptcy">trustee in bankruptcy</a>. The legal position in all <a href="/wiki/Common_law" title="Common law">common law</a> countries is similar in this respect. </p> <div class="mw-heading mw-heading2"><h2 id="Legal_estate_in_land">Legal estate in land</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Estate_(law)&action=edit&section=2" title="Edit section: Legal estate in land"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <style data-mw-deduplicate="TemplateStyles:r1236090951">.mw-parser-output .hatnote{font-style:italic}.mw-parser-output div.hatnote{padding-left:1.6em;margin-bottom:0.5em}.mw-parser-output .hatnote i{font-style:normal}.mw-parser-output .hatnote+link+.hatnote{margin-top:-0.5em}@media print{body.ns-0 .mw-parser-output .hatnote{display:none!important}}</style><div role="note" class="hatnote navigation-not-searchable">Main article: <a href="/wiki/Estate_in_land" title="Estate in land">Estate in land</a></div> <p>In <a href="/wiki/Land_law" title="Land law">land law</a>, the term "estate" is a remnant of the English <a href="/wiki/Feudal_system" class="mw-redirect" title="Feudal system">feudal system</a>, which created a complex hierarchy of estates and interests in land. The <a href="/wiki/Allodial" class="mw-redirect" title="Allodial">allodial</a> or <a href="/wiki/Fee_simple" title="Fee simple">fee simple</a> interest is the most complete ownership that one can have of property in the common law system. An estate can be an estate for years, an estate at will, a <a href="/wiki/Life_estate" title="Life estate">life estate</a> (extinguishing at the death of the holder), an estate <i>pur autre vie</i> (a life interest for the life of another person) or a <a href="/wiki/Fee_tail" title="Fee tail">fee tail</a> estate (to the heirs of one's body) or some more limited kind of heir (e.g. to heirs male of one's body). </p><p>Fee simple estates may be either <a href="/wiki/Fee_simple_absolute" class="mw-redirect" title="Fee simple absolute">fee simple absolute</a> or <a href="/wiki/Defeasible_estate" title="Defeasible estate">defeasible</a> (<i>i.e. subject to future conditions</i>) like fee simple determinable and fee simple subject to condition subsequent; this is the complex system of <a href="/wiki/Future_interests" class="mw-redirect" title="Future interests">future interests</a> (q.v.) which allows concepts of trusts and estates to elide into <a href="/wiki/Actuarial_science" title="Actuarial science">actuarial science</a> through the use of life contingencies. </p><p>Estate in land can also be divided into estates of <a href="/wiki/Inheritance" title="Inheritance">inheritance</a> and other estates that are not of inheritance. The fee simple estate and the fee tail estate are estates of inheritance; they pass to the owner's heirs <a href="/wiki/Operation_of_law" title="Operation of law">by operation of law</a>, either without restrictions (in the case of fee simple), or with restrictions (in the case of fee tail). The estate for years and the life estate are estates not of inheritance; the owner owns nothing after the term of years has passed, and cannot pass on anything to his or her heirs. </p><p>Legal estates and interests are called rights "in rem", and said to be "good against the world". </p> <div class="mw-heading mw-heading2"><h2 id="Equitable_estates">Equitable estates</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Estate_(law)&action=edit&section=3" title="Edit section: Equitable estates"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>Superimposed on the legal estate and interests in land, English courts created "<a href="/wiki/Equitable_interest" title="Equitable interest">equitable interests</a>" over the same legal interests. These obligations are called <a href="/wiki/Trust_law" class="mw-redirect" title="Trust law">trusts</a> which will be enforceable in a <a href="/wiki/Court" title="Court">court</a>. A <a href="/wiki/Trustee" title="Trustee">trustee</a> is the person who holds the <a href="/wiki/Legal_title" class="mw-redirect" title="Legal title">legal title</a> to property, while the <a href="/wiki/Beneficiary" title="Beneficiary">beneficiary</a> is said to have an equitable interest in the property. </p> <div class="mw-heading mw-heading2"><h2 id="See_also">See also</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Estate_(law)&action=edit&section=4" title="Edit section: See also"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <ul><li><a href="/wiki/Inheritance_tax" title="Inheritance tax">Estate tax</a></li> <li><a href="/wiki/Estate_tax_in_the_United_States" title="Estate tax in the United States">Estate tax in the United States</a></li> <li><a href="/wiki/Estate_planning" title="Estate planning">Estate planning</a></li> <li><a href="/wiki/Literary_executor" class="mw-redirect" title="Literary executor">Literary executor</a></li></ul> <div class="mw-heading mw-heading2"><h2 id="References">References</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Estate_(law)&action=edit&section=5" title="Edit section: References"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <style data-mw-deduplicate="TemplateStyles:r1239543626">.mw-parser-output .reflist{margin-bottom:0.5em;list-style-type:decimal}@media screen{.mw-parser-output .reflist{font-size:90%}}.mw-parser-output .reflist .references{font-size:100%;margin-bottom:0;list-style-type:inherit}.mw-parser-output .reflist-columns-2{column-width:30em}.mw-parser-output .reflist-columns-3{column-width:25em}.mw-parser-output .reflist-columns{margin-top:0.3em}.mw-parser-output .reflist-columns ol{margin-top:0}.mw-parser-output .reflist-columns li{page-break-inside:avoid;break-inside:avoid-column}.mw-parser-output .reflist-upper-alpha{list-style-type:upper-alpha}.mw-parser-output .reflist-upper-roman{list-style-type:upper-roman}.mw-parser-output .reflist-lower-alpha{list-style-type:lower-alpha}.mw-parser-output .reflist-lower-greek{list-style-type:lower-greek}.mw-parser-output .reflist-lower-roman{list-style-type:lower-roman}</style><div class="reflist"> <div class="mw-references-wrap"><ol class="references"> <li id="cite_note-1"><span class="mw-cite-backlink"><b><a href="#cite_ref-1">^</a></b></span> <span class="reference-text">Bankruptcy Code <a href="/wiki/Title_11_of_the_United_States_Code" title="Title 11 of the United States Code">11 U.S.C.</a> <a rel="nofollow" class="external text" href="https://www.law.cornell.edu/uscode/text/11/541">§ 541</a>.</span> </li> <li id="cite_note-2"><span class="mw-cite-backlink"><b><a href="#cite_ref-2">^</a></b></span> <span class="reference-text"><style data-mw-deduplicate="TemplateStyles:r1238218222">.mw-parser-output cite.citation{font-style:inherit;word-wrap:break-word}.mw-parser-output .citation q{quotes:"\"""\"""'""'"}.mw-parser-output .citation:target{background-color:rgba(0,127,255,0.133)}.mw-parser-output .id-lock-free.id-lock-free a{background:url("//upload.wikimedia.org/wikipedia/commons/6/65/Lock-green.svg")right 0.1em center/9px no-repeat}.mw-parser-output .id-lock-limited.id-lock-limited a,.mw-parser-output .id-lock-registration.id-lock-registration a{background:url("//upload.wikimedia.org/wikipedia/commons/d/d6/Lock-gray-alt-2.svg")right 0.1em center/9px no-repeat}.mw-parser-output .id-lock-subscription.id-lock-subscription a{background:url("//upload.wikimedia.org/wikipedia/commons/a/aa/Lock-red-alt-2.svg")right 0.1em center/9px no-repeat}.mw-parser-output .cs1-ws-icon a{background:url("//upload.wikimedia.org/wikipedia/commons/4/4c/Wikisource-logo.svg")right 0.1em center/12px no-repeat}body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-free a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-limited a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-registration a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-subscription a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .cs1-ws-icon a{background-size:contain;padding:0 1em 0 0}.mw-parser-output .cs1-code{color:inherit;background:inherit;border:none;padding:inherit}.mw-parser-output .cs1-hidden-error{display:none;color:var(--color-error,#d33)}.mw-parser-output .cs1-visible-error{color:var(--color-error,#d33)}.mw-parser-output .cs1-maint{display:none;color:#085;margin-left:0.3em}.mw-parser-output .cs1-kern-left{padding-left:0.2em}.mw-parser-output .cs1-kern-right{padding-right:0.2em}.mw-parser-output .citation .mw-selflink{font-weight:inherit}@media screen{.mw-parser-output .cs1-format{font-size:95%}html.skin-theme-clientpref-night .mw-parser-output .cs1-maint{color:#18911f}}@media screen and (prefers-color-scheme:dark){html.skin-theme-clientpref-os .mw-parser-output .cs1-maint{color:#18911f}}</style><cite id="CITEREFFayHurstWhite2002" class="citation journal cs1">Fay, Scott; Hurst, Erik; White, Michele J. (June 2002). "The Household Bankruptcy Decision". <i>The American Economic Review</i>. <b>92</b> (3): 706–718. <a href="/wiki/Doi_(identifier)" class="mw-redirect" title="Doi (identifier)">doi</a>:<a rel="nofollow" class="external text" href="https://doi.org/10.1257%2F00028280260136327">10.1257/00028280260136327</a>. <a href="/wiki/JSTOR_(identifier)" class="mw-redirect" title="JSTOR (identifier)">JSTOR</a> <a rel="nofollow" class="external text" href="https://www.jstor.org/stable/3083362">3083362</a>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=article&rft.jtitle=The+American+Economic+Review&rft.atitle=The+Household+Bankruptcy+Decision&rft.volume=92&rft.issue=3&rft.pages=706-718&rft.date=2002-06&rft_id=info%3Adoi%2F10.1257%2F00028280260136327&rft_id=https%3A%2F%2Fwww.jstor.org%2Fstable%2F3083362%23id-name%3DJSTOR&rft.aulast=Fay&rft.aufirst=Scott&rft.au=Hurst%2C+Erik&rft.au=White%2C+Michele+J.&rfr_id=info%3Asid%2Fen.wikipedia.org%3AEstate+%28law%29" class="Z3988"></span></span> </li> <li id="cite_note-3"><span class="mw-cite-backlink"><b><a href="#cite_ref-3">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="http://www.uscourts.gov/services-forms/bankruptcy/bankruptcy-basics/chapter-7-bankruptcy-basics">"Chapter 7 - Bankruptcy Basics"</a>. <i>United States Courts</i><span class="reference-accessdate">. Retrieved <span class="nowrap">20 September</span> 2017</span>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=unknown&rft.jtitle=United+States+Courts&rft.atitle=Chapter+7+-+Bankruptcy+Basics&rft_id=http%3A%2F%2Fwww.uscourts.gov%2Fservices-forms%2Fbankruptcy%2Fbankruptcy-basics%2Fchapter-7-bankruptcy-basics&rfr_id=info%3Asid%2Fen.wikipedia.org%3AEstate+%28law%29" class="Z3988"></span></span> </li> <li id="cite_note-4"><span class="mw-cite-backlink"><b><a href="#cite_ref-4">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://www.law.cornell.edu/uscode/text/11/522">"11 U.S. Code § 522 - Exemptions"</a>. <i>Legal Information Institute</i>. Cornell Law School<span class="reference-accessdate">. Retrieved <span class="nowrap">20 September</span> 2017</span>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=unknown&rft.jtitle=Legal+Information+Institute&rft.atitle=11+U.S.+Code+%C2%A7+522+-+Exemptions&rft_id=https%3A%2F%2Fwww.law.cornell.edu%2Fuscode%2Ftext%2F11%2F522&rfr_id=info%3Asid%2Fen.wikipedia.org%3AEstate+%28law%29" class="Z3988"></span></span> </li> </ol></div></div> <div class="navbox-styles"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1129693374"><style data-mw-deduplicate="TemplateStyles:r1236075235">.mw-parser-output .navbox{box-sizing:border-box;border:1px solid #a2a9b1;width:100%;clear:both;font-size:88%;text-align:center;padding:1px;margin:1em auto 0}.mw-parser-output .navbox .navbox{margin-top:0}.mw-parser-output .navbox+.navbox,.mw-parser-output .navbox+.navbox-styles+.navbox{margin-top:-1px}.mw-parser-output .navbox-inner,.mw-parser-output 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