The totality of an individual's ownership of money, real and personal property. decedent's estate. Such assets after the death of the owner, as involved in the probate of a will or an intestacyproceeding. residuary estate. The remainder of a decedent's estate after all applicable payments and transfers have been made, including gifts and taxes. contingent estate. From the common law. An asset, typically real property, that vests only upon the occurrence of a condition. dominant estate. Real p...