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gross estate

 

Definitions from WordNet

Noun gross estate has 1 sense
  1. gross estate - the total valuation of the estate's assets at the time of the person's death
    --1 is a kind of
    estate

Definitions from the Web

Gross Estate

Description:

Gross estate refers to the total value of a person's assets at the time of their death for estate tax purposes. It includes all property, interests, and assets that the deceased individual owned, had legal title to, or had control over.

Examples:

Noun:

1. The gross estate of the deceased businessman was valued at several million dollars.

2. The attorney had to calculate the value of the gross estate for tax settlement.

Related Products:

Estate Planning Guide
Inheritance Lawyers
Estate Tax Planning Books
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