Crossword Genius

The consequences of having personal estate (7)

Ross

I believe the answer is:

effects

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This might be a double definition.

'the consequences' is the first definition.
('effect' can be a synonym of 'consequence')

'personal estate' is the second definition.
(I know that effects is a type of personal estate)

'of having' is the link.
I am not very happy about this link. Some or all of it may belong to one of the definitions.

Can you help me to learn more?

(Other definitions for effects that I've seen before include "Personal belongings" , "theatrical aids" , "left by the dead" , "Total possessions" , "one's luggage" .)

I've seen this clue in The Irish News.
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