Gross Estate

What is Gross Estate?

A definition of gross estate is: Income subject to federal income tax. More details on the Encyclopedia. The property owned by a decedent that will be subject to the Federal estate tax. More details on the Encyclopedia. It can be distinguished from the probate estate which is property actually subject to administration by the administrator or executor of an estate. More details on the Encyclopedia. I. More details on the Encyclopedia.RC. More details on the Encyclopedia. §§ 2031-2044.[1]

Resources

Notes

1. “Gross Estate” in the White America Dictionary (New York, Los Angeles, London, New Delhy, Hong Kong, 1989)

See Also

• Adjusted gross estate