Estates and Executors. In most cases, existing debts are paid from the dead personâs estate. The estate is simply the assets and net worth of the individual. For example, outstanding loans on cars or other products may be paid off with equity the individual had in a home or other property.states and Executors. In most cases, existing debts are paid from the dead personâs estate. The estate is simply the assets and net worth of the individual. For example, outstanding loans on cars or other products may be paid off with equity the individual had in a home or other property.
RE: A word for &quot;every four years&quot;? If biannual is every two years, is there a word for an event occurring every four years?est Answer: Annual - 1 year Biennial - 2 years Triennial - 3 years Quadrennial - 4 years Quinquennial - 5 years Sexennial - 6 years Septennial - 7 years Octennial - 8 years Novennial - 9 years Decennial - 10 years Good luck, hope this helps.
If you have not read Strauss and Howe's book  Generations  (or their later book  The Fourth Turning ) I'll try to summarize its main ideas. Strauss and Howe hypothesize that all of society is unfolding on a regular cyclic basis. Specifically, this cycle repeats itself every four generations (80 to 90 years) or so. They further contend that each of the four generations within each cycle has a very distinct personality.