Gross Estate

Gross Estate: Total Value of a Person's Assets Before Liabilities
Comprehensive look at the gross estate, encompassing its definition, components, calculation methods, and relevance in estate planning and taxation.
Net Estate: An Overview of Taxable Estate Valuation
Net Estate is the portion of a decedent's estate subject to estate tax after all allowable deductions under federal and state statutes, including debts, funeral, and administrative expenses, are subtracted from the gross estate.

Finance Dictionary Pro

Our mission is to empower you with the tools and knowledge you need to make informed decisions, understand intricate financial concepts, and stay ahead in an ever-evolving market.