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Terms Used In New Hampshire Revised Statutes 554:4

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Bequest: Property gifted by will.
The wearing apparel of the widow and her ornaments, according to the estate of her husband, and the wearing apparel, Bibles and school books of the minor children, are their property, and shall not be regarded as assets, or be the subject of bequest by the husband.