Which of the following best describes an estate that is inheritable?

An estate that is inheritable is best described as an estate in fee simple absolute. This type of estate represents the highest interest in real property and includes full ownership rights, meaning the owner can control the property completely, sell it, give it away, or pass it on to heirs upon death. This transferability to heirs is a key characteristic that qualifies it as inheritable.

In contrast, a life estate is not inheritable; it lasts for the duration of a person's life and terminates upon their death, at which point ownership is transferred to another party. Less-than-freehold estates, such as leasehold estates, involve possessory interests for a limited time but do not confer ownership rights that can be inherited. Hence, they cannot be passed on to heirs in the same way as a fee simple absolute can.