Phrases with «gross estate»

The phrase "gross estate" refers to the total value of all the assets or property that a person owns at the time of their death. This includes things like money, real estate, investments, and personal belongings. It is an important term used in estate planning to determine the value of an individual's estate before any debts or taxes are subtracted. Full definition

Related phrases

Sentences with «gross estate»

  • As mentioned above under the «common life insurance misconception» header almost all life insurance death benefit proceeds are included in the federal gross estate of the insured. (freemoneyfinance.com)
  • As mentioned above under the «common life insurance misconception» header almost all life insurance death benefit proceeds are included in the federal gross estate of the insured. (freemoneyfinance.com)
  • An estate tax return is typically required only if the value of an individual's gross estate exceeds the applicable exclusion amount. (cfs4me.com)
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